12726 Caswell Ave, Los Angeles, CA 90066

$2,850,000
13
BD
13
BA
6,820
SqFt
Sold Price
$2,850,000
List Price
$3,250,000
Closing Date
May 26, 2021
MLS#
20-622050
Year Built
1963
Bedrooms
13
Bathrooms
13
Living Sq. Ft
6,820
Lot Size
7,114
Days on Market
243
Property Type
Multifamily
Style
Traditional
Stories
2

Property Description

Dont miss this great opportunity for a prime nine unit apartment building with upside potential in the growing neighborhood of Mar Vista. Close to Venice Beach, Abbot Kinney and Main Street Santa Monica, with easy access to the 405 and 10 Freeways. Well maintained, and upgraded units! High Walk-Score neighborhood (85), and good access to transit. Remodeled units, with granite counters, newer cabinetry, hard surface flooring (some with Hardwood) and dishwashers in some units. Good unit mix of One, Two and Three bedroom units attract multiple renter types. Upgraded electrical and heating. Current GRM at 16.61, and CAP at 4.30% at actual income and actual expenses with adjustments for the new tax rate. Potential for 5.37% CAP with units at market rent.

Additional Information

Other Buildings
None
Heat
Other
Cooling
None
Number of Cars in Garage
Driveway - Combination

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of , Barry Kinyon - CA DRE# Selling Office: .

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