Description
VALUE ADD DEAL WITH APPROXIMATELY 68% UPSIDE IN RENTS! Priced at 6.51 GRM and 11.9% CAP with rents at market. Please contact listing agent for marketing package. Keller Williams Commercial Beverly Hills has been exclusively retained by the owner in connection with the sale of 4026 S. Morgan Ave, a 6-unit apartment building centrally located in South Los Angeles within minutes to USC, Downtown LA, Arts District, Crypto Arena and the Fashion District. The Property has been well maintained by the current ownership and is fully occupied. Excellent unit mix consisting of five large 2 bedroom 1 bath units and one 3 bedroom 2 bath unit. The property is separately metered for gas, electricity and tenants pay their own trash bill. Property features gated parking and on-site laundry room with machines owned by Seller. Priced at $220,833/unit, $292/S.F, 5.84% CAP and 10.95 x current low rents. Value add deal with approximately 68% upside in rents! Priced at 6.51 GRM and 11.9% CAP with rents at market.
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12BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
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4,538SQFT
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$292$/SQFT
School Ratings & Info
Description
VALUE ADD DEAL WITH APPROXIMATELY 68% UPSIDE IN RENTS! Priced at 6.51 GRM and 11.9% CAP with rents at market. Please contact listing agent for marketing package. Keller Williams Commercial Beverly Hills has been exclusively retained by the owner in connection with the sale of 4026 S. Morgan Ave, a 6-unit apartment building centrally located in South Los Angeles within minutes to USC, Downtown LA, Arts District, Crypto Arena and the Fashion District. The Property has been well maintained by the current ownership and is fully occupied. Excellent unit mix consisting of five large 2 bedroom 1 bath units and one 3 bedroom 2 bath unit. The property is separately metered for gas, electricity and tenants pay their own trash bill. Property features gated parking and on-site laundry room with machines owned by Seller. Priced at $220,833/unit, $292/S.F, 5.84% CAP and 10.95 x current low rents. Value add deal with approximately 68% upside in rents! Priced at 6.51 GRM and 11.9% CAP with rents at market.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.