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1360 Masselin Ave, Los Angeles

For Sale

DUPLEX

$1,700,000

1/47

PROPERTY LOCATION

1360 Masselin Ave, Los Angeles, CA 90019, USA

PROPERTY DETAILS

Property Type

Multifamily

Units

Price/Unit

2

$850,000

Price/Sqft

$617.51

Building Sqft

2753

Lot Sqft

Current Cap Rate

5832

4.16%

Current GRM

16.67

Year Built

1927

Zoning

Market Cap Rate

LAR2

4.16%

Market GRM

16.67

CONTACT

LISTING TEAM

Nico.jpg

Nico Rosmarin

424.226.9449

DRE 02023847

INVESTMENT DESCRIPTION

Nathan Cruz and Nico Rosmarin of Lyon Stahl Investment Real Estate are pleased to present 1360 S Masselin Ave, a charming Spanish duplex property located in the desirable Wilshire Vista neighborhood, nestled between Pico and San Vicente in the Mid-Wilshire area of Los Angeles.

The subject property is comprised of one (1) 3-bedroom / 2-bathroom unit and one (1) 2-bedroom / 1 ¼ -bathroom unit with a total living area of 2,753 SF situated on a sizeable 5,832 SF lot.

This property will be delivered vacant at close of escrow.

This is an excellent opportunity for an owner-user and investor alike to acquire an investment property in one of the most desired neighborhoods of Los Angeles. Short distances to shops, restaurants, medical as well as the purple line, museum row, and the future extension of the Crenshaw Northern Expansion project connecting the Crenshaw/LAX Transit project, Green, Expo, Purple and Red Lines.

© 2020 ROSMARIN INVESTMENT GROUP | 239 OREGON ST | EL SEGUNDO, CA 90245

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