7119 Kittyhawk Ave is a well maintained 5-Unit situated in the residential neighborhood of Westchester. The property boasts (2) 2-bed/1-bath units and (3) 1-Bed/1-Bath Units with a detached 5-Car Garage on the premises that offers back alley access.
The building consists of 4,174 RSF of living space priced at $335/SF and only $279,800 per unit. There is potential for 31% rental upside with the current cap rate of 4.90% and a market cap rate of 7.29%.
The property is in a desirable position with close proximity to LAX, Howard Hughes Shopping Center, Playa Del Rey Beach, and the Loyola Marymount University Campus.
With its great location, sizeable living space, and potential upside, 7119 Kittyhawk Ave is an excellent investment opportunity for any Los Angeles CRE Investor or exchange buyer.
Pending
Listing Provided by:
Brett Lyon DRE #01717818 3107801899,
Lyon Stahl Investment Real Estate, Inc.,
Woody Stahl DRE #01399621 310-425-9838,
Lyon Stahl Investment Real Est
Price cut: $100K (7/22)
$1,399,000
7119 Kittyhawk Ave, Los Angeles, CA 90045
7beds
5baths
4,174sqft
Est.:
Mixed Use
Built in 1949
-- sqft lot
$1,348,000 Zestimate®
$335/sqft
$-- HOA
What's special
Back alley access
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