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
Sold for $1,340,000 on 09/18/24
$1,340,000
211 N Avenue 63, Los Angeles, CA 90042
4beds
4baths
2,768sqft
Multi Family
Built in 1922
-- sqft lot
$1,465,000 Zestimate®
$484/sqft
$3,581 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 19, 2024 at 09:46am
Listed by:
Jonathan Weir DRE # 02038545 707-225-2402,
Marcus & Millichap 424-405-3900
Bought with:
Carlos Borraez, DRE # 00930706
Keller Williams R. E. Services
Source: CLAW,MLS#: 24-426670

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Disposal, Range/Oven
Interior area
- Total structure area: 2,768
- Total interior livable area: 2,768 sqft
Property
Parking
- Parking features: Driveway Gate
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,049 sqft
Details
- Additional structures: None
- Parcel number: 5493012025
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1922
Community & neighborhood
Location
- Region: Los Angeles
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,465,000