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    12726 Caswell Avenue

    Los Angeles (City), CA 90066
    • $3,250,000
    • STATUS: Active
    • ON SITE: 238 days
    • ID#: 20622050
    UPDATED: 64 min ago
    $3,250,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,820
      SQFT
    • $477
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-20T20:30:05.26. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
    www.zemberrealtygroup.com/homes/109303394
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    12726 Caswell Avenue Los Angeles (City), CA 90066

    • Price: $3,250,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 20622050
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    6,820
    SQFT
    $477
    $/SQFT
    1963
    Built
    Neighborhood:
    C13 - Palms - Mar Vista
    County:
    Los Angeles
    Area:
    C13 - Palms - Mar Vista
    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.
    Exterior Features

    Architectural Style Traditional Pool Features None Pool Private YN No Spa Features None Spa YN No

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Gross Income 210747 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 142207 Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Total Actual Rent 209486 Zoning Lar3

    Listing provided courtesy of Barry Kinyon of Sotheby's International Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-20T20:30:05.26. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
     
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    Zember Realty Group
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    San Marcos CA, 92078