5700 Van Ness Avenue, Los Angeles
Los Angeles Home For Sale
Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 5700 Van Ness is a mostly Stabilized 5 unit apartment in Los Angeles County. Priced at a 9.86 GRM and 6.96% Current Cap rate, this asset is ideal for any investor looking for strong cash flow in a growing submarket of Los Angeles. The subject property boasts an excellent unit mix of (3) 1-Bed/1-Bath, (1) 3-Bed/1-Bath Units and (1) Studio, ideal for today’s renters. At only $210k/Unit, this asset provides near a 7% cap rate day one and stabilizes at 11.35%. 5700 Van Ness is minutes from Windsor Hills, Leimert Park and Inglewood.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90062
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- MLS® #:
- SB24098417
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- Bedrooms:
- 4
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- Bathrooms:
- 3
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- Lot Size:
- 0.11
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- HOA Dues:
- $
Price Change History for 5700 Van Ness Avenue, Los Angeles, (MLS® #SB24098417)
| Date | Details | Price | Change |
|---|---|---|---|
| Active Under Contract (from Active) | – | – |
Based on information from California Regional Multiple Listing Service, Inc. as of July 3rd, 2024 at 7:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.