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$4,300,000
Est. payment /mo
7,658 SqFt
UPDATED:
10/23/2024 03:48 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,658 sqft
Price per Sqft $561
MLS Listing ID CRSB23162139
HOA Y/N No
Year Built 1963
Lot Size 7,430 Sqft
Acres 0.17
Property Description
Assumable Financing Available! 3.65% Interest Rate Fixed Until Feb 1. 2027. The loan amount is around $1.8M. Very rare to find an asset like this in Westwood, one of the most desired pocket of Los Angeles. You will not find a better price/unit or price/sf in the area. 10786 Missouri Ave is a 8 unit trophy asset located in an A+ area. The subject property is priced at $537k/unit and still has room to improve the income. Once rented for market, 10786 Missouri Ave will operate at a 5.46% CAP and 13.05 GRM. This is the ideal asset for any investor looking for cash-flow and appreciation in one of the nicest neighborhoods in Los Angeles. 10786 Missouri Ave is comprised of (1) 3Bed+2Bath (2) 2Bed+2Bath, and (5) 1Bed+1Bath units. Two units will be delivered vacant. Due to its location, the subject property demands high rents, beneficial to any new buyer. There are 5 tandem parking spots, as well as 2 parking spaces in the rear. Located just minutes away from many shops, restaurants and other entertainment- this is a renter's dream! With a 89 walk score, this property is considered a walker's paradise.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Fireplace No
Laundry Inside
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 4321010001
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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
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