For Sale

Listed by Sean Rosenzweig from Marcus & Millichap

Source: Combined LA Westside Multiple Listing Service, Inc #25501493

1416 W 10th Pl, Los Angeles, CA, 90015

$1,995,000

20
8532 sq. ft.
5530 sq. ft.

MultiFam

30+ days on the market

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About this property

THE SUBJECT PROPERTY IS BEING SOLD ALONG WITH THE ADJACENT PROPERTIES, 1422-1426 WEST 10TH PLACE. WHILE THE PROPERTIES MAY BE PURCHASED INDIVIDUALLY OR TOGETHER, A COMBINED SALE IS STRONGLY PREFERRED. We are pleased to offer for sale a 20-unit apartment community located at 1416 West 10th Place. The subject property is located west of the 110 Freeway and south of Olympic Boulevard. The subject property is comprised of all studio units and has 40% remaining rental upside through unit renovations. 1416 West 10th Place presents investors the opportunity to acquire an asset with an attractive basis, and strong value-add component. New ownership will have the opportunity to capitalize on the westward expansion and revitalization of the Downtown sub-market. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

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