Sold For $1,162,500 on April 03, 2024
552 W 40th Place
Los Angeles, California 90037
  • Neighborhood:Vermont Square
    • 2200 SqFt
    • Built 1952
  • Status:Sold
  • MLS:CL24353087
  • Last Updated:over 1 year ago

Overview

Assumable bridge financing available to help buyer through lease-up phase of ownership. We are pleased to offer an excellent opportunity to purchase a fully vacant five-unit apartment building with a stabilized GRM of 8.14 and stabilized cap rate of

Listing courtesy of Oron Maher, Maher Commercial Realty Bought with Nicole Lu, Maher Commercial Realty
    552 W 40th Place

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    Property Details

    Key Details

    • Property TypeOther
    • Sq. Ft.2200
    • $/Sq. Ft.$528
    • Built In1952
    • Days on neighborhoods.com458

    Exterior Features

    Parking/Garage
    • Garage (Y/N)No
    • Carport (Y/N)No
    • Parking FeaturesOther, Private

    Interior Features

    Features
    • Sq. Ft.2200
    • Laundry FeaturesNo Hookups
    Utilities
    • Cooling (Y/N)No
    • Cooling TypeNone

    Property Lot

    Property Features
    • Property Subtype 1Other
    Location Information
    • CountyLos Angeles
    Lot Information
    • Lot Sq. Ft.6752
    • Lot Size Area0.16
    • Living Area2200
    • Living Area UnitsSquare Feet
    • Acres0.16
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