1628 W 45th St, Los Angeles, CA 90062
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1628 W 45th St, Los Angeles, CA 90062
1628 W 45th St, Los Angeles, CA 90062
1628 W 45th St, Los Angeles, CA 90062
1628 W 45th St, Los Angeles, CA 90062
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$ 1,699,000
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Price Dropped by $251K

1628 W 45th St Los Angeles, CA 90062

4 Beds

16 Baths

8,820 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,820 sqft

Price per Sqft $192

MLS Listing ID 26665941

Bedrooms 4

Year Built 1927

Lot Size 5,613 Sqft

Acres 0.1289

Property Sub-Type Multi-Family

Property Description

16-UNITS IN VERMONT SQUARE| $121K per door | 7.28% CAP | 3 VACANT UNITS | Rare opportunity to acquire 1628 W. 45th Street, a 16-unit apartment building in the highly sought after Vermont Square neighborhood. Offered at $1,950,000 ($121K per door, ~$199/SF) with strong in-place income and immediate upside through 3 vacant units and rental repositioning. Well-located near Western & Vernon with close proximity to Exposition Park, Leimert Park, and the Crenshaw corridor. Features on-site laundry hookups.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LAR1

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Compass

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1628 W 45th St