Under contract

211 N Avenue 63

Los Angeles CA, 90042

$1,250,000


$451.59 per sqft

Under contract

4 Beds

4 Baths

2,768 sqft

Multi-family

Built in 1922

We are pleased to present our newest exclusive listing in the trendy Highland Park neighborhood . The property is comprised of four units all 1bedroom/1bathroom units ( two which were built in 2008 and are loft style) . Those loft units are exempt from RSO rent control . The property boast a 91 Walkscore (Walkers Paradise) and is located only one block from Figueroa St, local bars, Starbucks, and more! The property is being offered at a 5.72% cap rate on entry rents and a 11.81 GRM. This investment is well suited for long term growth, upside in rents, and located in an extremely desirable Los Angeles neighborhood making it a perfect investment

24-426670

MLS ID

August 12, 2024

Listed

September 13, 2024

Updated

Map

211 N Avenue 63
Los Angeles CA, 90042

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

4


Appliances

Garbage Disposal, Range/Oven


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.18 Acres

Other Property Details

Area Name

Highland Park


Days on Market

31


Garage

No


Parking

Driveway Gate


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

LARD2

Listing History

Date

Event

Price

9/9/2024

Under contract

Listed by Jonathan Weir with Marcus & Millichap
Listing Contact: 707-225-2402 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Trevino Properties Inc. | CA DRE# 01324975 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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