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Courtesy of: McAlpin & Company, Jerome McAlpin
Listing Sold By: Realty One Group- Prime
Local Realty Services Provided By: Keller Williams Realty Larchmont
/ CA / Los Angeles / Angeles Mesa / 5423 2nd Ave
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/ CA / Los Angeles / Angeles Mesa / 5423 2nd Ave
5423 2nd Ave, Los Angeles, CA 90043
sq ft
/ CA / Los Angeles / Angeles Mesa / 5423 2nd Ave

5423 2nd Ave, Los Angeles, CA 90043

Estimation provided by Keller Williams Realty, LLC.
sq ft
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Property Description

We are excited to present this excellent investment opportunity in the Park Mesa Heights area of Los Angeles. This complex consists of three buildings with all one bedroom - one bathroom units. The property is located just south of the Baldwins Hills Shopping Center which is undergoing a massive renovation and north of the $3 Billion Ram Stadium redevelopment project in Inglewood. The property is currently producing $4,581 per month with approximately 30% upside potential in the rents. It is located directly across the street from Van Ness park and is in close proximity to public transportation. The GRM is 13.1 with a CAP rate of 5.17. Please do not disturb or speak to tenants and please do not walk onto the property. All offers to be made subject to inspection.

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1923
Days on Site
1,706 Days
Parking
Yes
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Activity History

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SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

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Credit Score
Estimation provided by Keller Williams Realty, LLC. This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

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Nearby Schools

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Transit & Commute

Estimated commute times from Angeles Mesa
Car-Dependent Walkable Very Walkable
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