8 Unit Court in Los Feliz - 4214 Sunset Drive, Los Angeles, CA
5,388 ft²Multifamily$2,450,000Sale
5,388 ft²
Multifamily
$2,450,000
Sale
Rich Johns
Apartment Expert Group
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8 Units in Los Feliz – 1920’s Courtyard Attractive In-Place Income and Opportunity to Purchase a Premium Los Feliz Asset at $306k per Unit
The Space
Asking Price$2,450,000
Available Space5,388 ft²
Suite Number8 Unit Court in Los Feliz
Property UseMulti family
SourceDirect
The Building - 8 Units - One Block to Sunset Blvd.
* Quintessential Los Angeles Bungalow-Style Apartment Community * Red-Hot Los Feliz Location -- Walking Distance to Hippest Restaurants, Cafes, and Shops * One Unit Potentially Delivered Vacant • Offering Price of $2,450,000 • Current GRM 14.0 | Market GRM 8.37 • Current Cap Rate 4.58% | Market Cap Rate 9.33% - Unit Composition: Seven (7) Courtyard 1+1’s and One (1) Courtyard 2+2
Property TypeMultifamily
Floors2
Building Size5,388 ft²
Lot Size6,709 ft²