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*Built in 2021: 27 luxury units with in-unit washer and dryer *Priced below replacement cost at $488 PSF and under $417K per unit *5.3% cap rate and 5.7% cap rate at proven market rents *One-block away from the Metro Expo "E" Line Farmdale Station, providing tremendous access to DTLA, Culver City, and Santa Monica *Incredible micro-location with five brand-new buildings on the block *Strong demographics with average household income over $100K and average housing value over $1.4M (three-mile radius) *Rents shown are averages based on in place rent as of Nov. 1, full rent roll in OM; see Agent Remarks for property website.
Last Updated | 9/9/2024 | Year Built | 2021 |
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Community | Park Hills Heights | County | Los Angeles |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
AREA | Park Hills Heights |
GARAGE | Community Structure, Covered, Gated, Side by Side |
HEAT | Central |
LOT | 0.29 acre(s) |
PARKING | Covered,Gated,Community Structure,Side By Side |
STORIES | 4 |
ZONING | LAR3 |
Location
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