4168 Garthwaite Av Leimert Park, CA 90008

$2,195,000
Leimert Park, CA   90008
0 Beds, 0.0 Baths, 0 sq ft, 9,845 sq ft lot, Built in 1930
4168 Garthwaite Av, Leimert Park, CA 90008 Photo 0
4168 Garthwaite Av, Leimert Park, CA 90008 Photo 1
4168 Garthwaite Av, Leimert Park, CA 90008 Photo 2
4168 Garthwaite Av, Leimert Park, CA 90008 Photo 3
4168 Garthwaite Av, Leimert Park, CA 90008 Photo 4
4168 Garthwaite Av, Leimert Park, CA 90008 Photo 5
4168 Garthwaite Av, Leimert Park, CA 90008 Photo 6
4168 Garthwaite Av, Leimert Park, CA 90008 Photo 7
4168 Garthwaite Av, Leimert Park, CA 90008 Photo 8
0 Beds,
0.0 Baths,
0 sq ft,
9,845 sq ft lot
Built in 1930

Description

MLS# SB20148990

Rarely does the opportunity arise to purchase a Spanish Revival Style Leimert Park apartment building. With over 8,000 of rental square feet, 4168 Garthwaite is the astute multifamily investors dream acquisition. The units are large, and nearly all have had some level of beautiful upgrades. From nearly every corner of the property, one can identify the charming architecture and tile work instilled in this asset. The current residents are each paying rents at respectable levels, yet the property boasts nearly 30%+/- of potential rental income upside for the new owner. The roof on the property is newer, and gas and electricity are individually metered, keeping utility costs low. There are a number of onsite secure parking spaces as well as onsite laundry available for tenants convenience. The property is located in the heart of dynamic Leimert Park. Tenants enjoy the ability to walk to shops, restaurants, and many other local amenities. And, in just a few more months, they will be able to take advantage of the brand new Leimert Park metro station. Apartment Investments like this one are few and far between. This owner has taken great care of the building and is ready for it to change hands to the next lucky owner. Listed by Josh Cohen, Keller Williams Beach Cities.

Description

MLS# SB20148990

Rarely does the opportunity arise to purchase a Spanish Revival Style Leimert Park apartment building. With over 8,000 of rental square feet, 4168 Garthwaite is the astute multifamily investors dream acquisition. The units are large, and nearly all have had some level of beautiful upgrades. From nearly every corner of the property, one can identify the charming architecture and tile work instilled in this asset. The current residents are each paying rents at respectable levels, yet the property boasts nearly 30%+/- of potential rental income upside for the new owner. The roof on the property is newer, and gas and electricity are individually metered, keeping utility costs low. There are a number of onsite secure parking spaces as well as onsite laundry available for tenants convenience. The property is located in the heart of dynamic Leimert Park. Tenants enjoy the ability to walk to shops, restaurants, and many other local amenities. And, in just a few more months, they will be able to take advantage of the brand new Leimert Park metro station. Apartment Investments like this one are few and far between. This owner has taken great care of the building and is ready for it to change hands to the next lucky owner. Listed by Josh Cohen, Keller Williams Beach Cities.

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  • Headshot
    Mike Misquez, MBA

    NMLS# 1662824

    Direct: (909) 251-2560
    Email: mike@colonialres.com

Area
AREA: LEIM - Leimert Park
COUNTY: LA
Building Info
COMMON WALLS: 2+ Common Walls
POOL: None
LAUNDRY: Community
Exterior Features
LOT: 6-10 Units/Acre
Garage & Parking
PARKING SPACES: 0.00
GARAGE SPACES: 0.00
Community
COMMUNITY: Curbs, Sidewalks, Street Lighting, Urban
UNITS TOTAL: 9
Land
WATER: Public
LOT NUMBER: 225
TRACT NUMBER: 9741
ZONE: LAR3
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