We are pleased to present this new construction, 2020 year build 4-unit apartment community located at 816 W 47th St offered at a 12.74 GRM and 6.13% CAP on current rents with upside potential to achieve a 10.65 GRM and 7.39% CAP with proforma rents. This opportunity consists of two,… Read More two-story duplexes offering a total of 6,446 rentable square feet which sit on an 8,534 square foot LARD2 zoned lot with 6 onsite uncovered parking spaces in the rear. The unit mix consists of four (4) massive four bedroom three-bathroom units that average 1,611 square feet each. ALL UTILITIES are paid for by the tenants! Nearby amenities include the Gilbert Lindsay Recreation Center, Trader Joe's, the Ross Snyder Recreation Center, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center and various employment opportunities within the direct vicinity of the property. Contact the listing broker for additional information. Read Less
Courtesy of Kidder Mathews of California, Inc. 858-369-3010
Listing Snapshot
Days Online
18
Last Updated
Property Type
Other
Beds
16
Square Ft.
6,446
Lot Size
0.2 Acres
Year Built
2020
MLS Number
26663623
Additional Details
Building
6,446 sq ft, Built in 2020, Levels: Two, Attached
Disclosures
As Is
Garage
Uncovered
Lot
LotAcreage: 0.1959, LotSizeArea: 8,534, Single Lot
Parking
TotalParking: 6
Property
NumberOfUnits: 4, Zoning: LARD2
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