626 E 51st

Los Angeles, CA 90011
$850,000
8.30% Current Cap Rate!! 626 E 51st St presents an attractive opportunity to acquire a 5-unit multifamily investment property in Los Angeles, offered at $850,000. The property delivers a compelling 8.30% current cap rate and 7.38 GRM, with pro forma rents indicating an 18.84% increase in scheduled income and meaningful potential… Read MoreRead Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson 310-729-1559
Listing Snapshot
Days Online
16
Last Updated
Property Type
Apartment
Lot Size
0.11 Acres
Year Built
1911
MLS Number
SB26226564
Property Location Map
Additional Details
Building
Built in 1911, 1 building, 2 stories, Entry level: 1, Entry location: Front
Community
Curbs, Suburban, Sidewalks, Urban
Expenses
Operating: $41,122
Garage
4 spaces
Income
Gross Income: $115,109, Gross ScheduledIncome: $115,109, Net Operating Income: $70,534
Laundry
None
Lot
0.1074 acres, ZeroToOneUnitAcre
Parking
4 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5103001006, Lot: 9
Utilities
Water Source: Public, 5 separate electric meters, 5 separate gas meters
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Monthly Payment
$0
Joe Villaescusa
CEO
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.