Description

Maher Commercial Realty is pleased to announce the sale of this off-market five-unit apartment building in which we represented the Buyer. The subject property was sold with four out of the five existing units delivered vacant, leading to a pro forma cap rate of 10%. This well-maintained property consists of a 3-bedroom front house, and then a back building that included two x 2-bedroom units, and two x 1-bedroom units. The property sits on an impressive 9,700 square foot parcel.

Property Features:

  • Sale Price: $950,000
  • Building Size: 3,578 Sq.Ft.
  • Land Size: 9,702 Sq.Ft.
  • Price Per Sq.Ft. (Building): $265.51
  • Price Per Sq.Ft. (Land): $97.92

Property ID

9305 Compton Avenue, Los Angeles

Property Type

Multifamily

Status

Sold

Price

$950,000.00

Additional Features

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los angeles ca multifamily building

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los angeles ca real estate

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los angeles investment property

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los angeles multifamily real estate

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maher commercial realty

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sold in los angeles ca


Agent

Oron Maher

Oron Maher

Director Broker

  • (310) 464-1453
  • Oron@MaherCR.com
  • MaherCR.com

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