3458 W 67th St

Offering Highlights

  • Offer Price:

    $1,225,000

  • Price/SF:

    $328.77

  • Price/Unit:

    $306,250

  • Units:

    4

  • Cap Rate:

    6.67%

  • GRM:

    10.67

  • Status:

    Active

Fresh Opportunity on the Market
Appearing for the first time in seven years, this property presents a fresh opportunity for investors and buyers seeking a rare investment.

Move-In Ready Units
Three of the four units are vacant and have been recently renovated.

High Cash Flow Potential
With 75% of units available for market-rate rental upon acquisition, investors can capitalize on high cash flow without the complexities of below-market tenants. This advantageous positioning is crucial given the stringent rent control regulations in Los Angeles and potential changes in tenant protection laws. Even at a conservative projected market rate of $2,600 for two-bedroom units (section 8 offer $3,050), buyers can expect a stabilized cap rate of around 7% with upside, affording the opportunity for positive leverage in a challenging interest rate environment.

Modern Amenities for Contemporary Living
Equipped with modern conveniences including a remote-controlled security gate, ample on-site parking, and a convenient laundry facility, this property caters to the needs of modern living. Each unit boasts spacious layouts for enhanced comfort and functionality.

Spacious Living Spaces
Generously proportioned at approximately 925 square feet on average, these units offer ample room with in-unit heating and abundant natural light, providing a welcoming and comfortable living environment.

Exclusively listed by:

Max Gersht
Investment Associate

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