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    12726 Caswell Avenue

    Los Angeles (City), CA 90066
    • $3,500,000
    • STATUS: Active
    • ON SITE: 61 days
    • ID#: 20622050
    UPDATED: 17 min ago
    $3,500,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    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 4.06% at actual income and actual expenses with adjustments for the new tax rate. Potential for 5.07% CAP with units at market rent.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-25T12:27:01.653. 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 Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/109303394
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    12726 Caswell Avenue Los Angeles (City), CA 90066

    • Price: $3,500,000
    • Status: Active
    • Updated: 17 min ago
    • ID#: 20622050
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    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 4.06% at actual income and actual expenses with adjustments for the new tax rate. Potential for 5.07% CAP with units at market rent.
    Exterior Features

    Architectural Style Traditional Lot Size Units Square Feet Parking Features Driveway - Combination Parking YN Yes Pool Features None Pool Private YN No Spa Features None Spa YN No

    Interior Features

    Cooling None Cooling YN No Laundry Features Community

    Property Features

    Country Us Financial Info As Of 2020-08-21 00:00:00 Gross Income 210747.00 Gross Multiplier 16.61 Gross Operating Income 206557.00 Laundry YN Yes Net Operating Income 142207.00 Senior Community YN No Special Listing Conditions Standard Total Actual Rent 209486.00 Total Expenses 59133.00 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 2020-10-25T12:27:01.653. 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 Keller Williams Realty. Licensed in the State of California, USA.

     
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