Anna Kampling

Los Angeles CA Commercial for Sale

Los Angeles CA Commercial for Sale

Los Angeles CA Commercial for Sale

Los Angeles CA Commercial for Sale

**Partially Renovated Multifamily Investment Opportunity* 9 Unit multifamily community centrally located in West LA * Eight out of nine units have been fully renovated, including in unit washers and dryers and new plumbing and electrical* Modern units feature spacious living rooms, hardwood floors, recessed lighting, large closets with built-in shelving, stainless steel appliances, and in-unit washer and dryers* Opportunity to achieve over 9.5% rental upside by completing upgrades* Residents benefit from onsite, gated parking and secure entrances**Strong Multifamily Fundamentals* Submarket asking rents expected to rise 27% over the next two years* Employment population of 662,066 within a five-mile radius* Submarket occupancy averaged 96.92% over the past five years* The average household income within a three-mile radius is $124,510* Los Angeles's job market will increase by 34.6% over next ten years* Within a three-mile radius of the property, the population is projected to grow 2.2% from 311,671 to 318,648 over the next five years.** Location Overview**9337 National is situated on the border of Palms and Cheviot Hills at the heart of West Los Angeles. The picturesque neighborhood offers residents easy access to surrounding urban areas, including Culver City, Beverly Hills, and

Santa Monica CA Commercial for Sale

The property is a development play. It is a courtyard-style style configuration with (1) one-bedroom and (3) two-bedroom bungalow-style units surrounding a sunlit garden with the opportunity for a Buyer to build an additional duplex on what is currently the center courtyard, and a studio ADU over the garage.

Santa Monica CA Home for Sale

1. Delivered 100% vacant, plans approved to renovate 4 existing apartments and add 3 additional units, located in prime Santa Monica 2. Charming courtyard-style style configuration with (1) one-bedroom and (3) two-bedroom bungalow-style units surrounding a sunlit garden with the opportunity for a Buyer to build an additional duplex on what is currently the center courtyard, and a studio ADU over the garage 3. Seller has plans and permits stamped and approved to build three ADUs and renovate the existing units into Class A Spanish-style bungalows 4. Upon the completion of renovations and ADU development, a Buyer can quickly achieve an attractive 7.51% cap rate in one of the most competitive markets in the country 5. The property is exempt from Title 24, which alleviates energy restrictions and will allow for a more expeditious development process

Los Angeles CA Home for Sale

Multifamily Value-Add Opportunity* Multifamily apartment building built in 2008, offered at a base cap rate of 5.26% with a 7.20% proforma cap rate* Seller carryback financing for a quick close* The property includes three large units with various room configurations; the bottom floor consists of 4 rooms, each with a bathroom, kitchenette, and shared space with a full kitchen; the top 2 floors contain 3 rooms per floor, each with a bathroom, kitchenette, and shared space with a full kitchen. Additionally, the second floor has a rentable office with a bathroom and kitchenette. The top floor has a large patio/deck for the entire building to enjoy** Rental upside of 28% through strategic renovations of units and shared living spaces* The property is not subject to Los Angeles City Rent ControlStrong Multifamily Fundamentals* El Sereno home sale prices have risen 11.4% over the last year* El Sereno home values predicted to increase 8.1% in the next year* Submarket asking rents expected to rise 19.3% over the next five years* Submarket occupancy averaged 97.3% over the past five years* Renters make up 45.2% of housing population within a one-mile radius* Average household income of $101,380 within a five-mile radius and expected to rise 20.9% over next five yearsWell-located near Burb