642 W 74TH STREET, LOS ANGELES CA 90044
- 5,375 sq.ft.
- 7,003 sq.ft. lot
Property Description
This 7-unit multifamily apartment offers a compelling investment opportunity with strong cash flow and rental upside potential of approximately 44% +/-. Priced competitively at a 6.70% Cap Rate and 9.43 GRM, an investor can step into a performing asset while enacting a value-add strategy to capture the remaining upside. The property features a unit mix of (5) two bedroom units and (2) one bedroom units, all of which are individually metered for gas and electricity, and also feature laundry hookups! The area has traditionally been a strong rental market, and units are always in high demand.
Listing Courtesy of Josh Cohen, Keller Williams South Bay
Exterior Features
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