Commercial%252520RE_edited_edited_edited

312 Margaret Ave, Los Angeles

CANCELLED

6 UNITS

$1,500,000

1/32

PROPERTY LOCATION

312 Margaret Ave, East Los Angeles, CA 90022, USA

PROPERTY DETAILS

Property Type

Multifamily

Units

Price/Unit

6

$250,000

Price/Sqft

$383.83

Building Sqft

3908

Lot Sqft

Current Cap Rate

7137

4.89%

Current GRM

13.49

Year Built

1948

Zoning

Market Cap Rate

LCR4YY

5.80%

Market GRM

11.90

CONTACT

LISTING TEAM

Nico.jpg

Nico Rosmarin

424.226.9449

DRE 02023847

Nico.jpg

Nathan Cruz

415.757.7969

DRE 01911777

INVESTMENT DESCRIPTION

Nathan Cruz and Nico Rosmarin of Lyon Stahl Investment Real Estate are pleased to present 312 Margaret Ave, a charming 6 unit property located in the Bella Vista neighborhood of East Los Angeles, located midway between Pasadena, Long Beach, Downtown Los Angeles and the Orange County border.

The subject property is comprised of six (6) 1-bedroom / 1 bathroom units, 3 separate duplexes on one lot, with a total living area of 3,710 SF situated on a sizeable 7,137 SF lot. Most units have been upgraded with new flooring, plumbing, electrical, and A/C.

This is an excellent opportunity for an investor to acquire a property in one of the most accessible neighborhoods of Los Angeles. Short distances to shops, restaurants, medical as well as the Gold Line, East Los Angeles College, California State University at Los Angeles, and the 5 and 710 freeways.

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

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