The subject property, 321 S. Hamel Road offers an investor a rare value add investment opportunity in an A+ Location. Situated in one the trendiest neighborhoods in Los Angeles. This 8-unit property features a mix of Six 1 Bedroom/ 1 Bathroom units (one of which will be delivered vacant) and Two 2 Bedroom/1 Bathroom units. A savvy investor will be able to increase the cash flow of the property and add value to the asset by increasing the rents as the units turn over.
Off market
$3,311,100
321 S Hamel Rd, Los Angeles, CA 90048
10beds
8baths
6,490sqft
MultiFamily
Built in 1958
-- sqft lot
$3,311,100 Zestimate®
$510/sqft
$3,336 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Electric
Cooling
- Wall
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven
- Laundry: Laundry Area
Interior area
- Total interior livable area: 6,490 sqft
Property
Parking
- Total spaces: 12
- Parking features: Carport, Garage - Attached
Lot
- Size: 5,466 sqft
Details
- Parcel number: 4334011012
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1958
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- UnitTypeType: 1, 2
- SourceLotSizeArea: Vendor Enhanced
- ListingArea: Beverly Center-Miracle Mile
- Laundry: Laundry Area
- Cooling: Dual
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Estimated market value
$3,311,100