Courtesy of: Lyon Stahl Investment Real Estate, Inc.
Days On Market: 89
Square Footage: 6,558 Sq ft
Address: 187 W 41st PL
County: Los Angeles
City: Los Angeles
Neighborhood: Downtown L.a.
Huge $100,000 Price Reduction! Great Cash Flow! 6.43% Cap Rate and 10.94 GRM! 187 W 41st Pl, A recently remodeled 7-unit Multifamily property located just steps from USC. With a newly built ADU, the subject operates at a 6.43% Cap Rate and 11.49 GRM offering any investor with strong cash flow, and 12% in rental upside! The subject property boasts an excellent unit mix of (2) 1-Bed/1-Bath, (1) 2-Bed/2-Bath, and (4) 3-Bed/1- Bath units. With 6,558 rentable Sq. Ft, these large units feature washer/dryer in unit, in-wall A/C, and central heating. 187 W 41st Pl is located just minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's district, The Reef, Banc of California Stadium, and LA LIVE, as well as billions of dollars worth of development pouring into DTLA.
Listing Agent: Aaron Jacobson 02100737 Courtesy of: Lyon Stahl Investment Real Estate, Inc. "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Updated: 28th January, 2023 12:49 PM (UTC)
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