Sotheby's International Realty® Exclusive
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  • Contract pending
Los Angeles
12726 Caswell Ave
Los Angeles, California, 90265
United States

Los Angeles
12726 Caswell Ave
Los Angeles, California, 90265 United States

Barry Kinyon
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Listing image

Prime 9 Unit Apartment Building

Don't miss this great opportunity for a Close to Venice Beach, Abbot Kinney and Main Street Santa Monica, with easy access to the 405 and 10 Freeways. Well maintained, and upgraded units! High Walk-Score neighborhood (85), and good access to transit. Remodeled units, with granite counters, newer cabinetry, hard surface flooring (some with Hardwood) and dishwashers in some units. Good unit mix of One, Two and Three bedroom units attract multiple renter types. Upgraded electrical and heating. Current GRM at 16.61, and CAP at 4.06% at actual income and actual expenses with adjustments for the new tax rate. Potential for 5.07% CAP with units at market rent.

 
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Amenities & Features

  • Listing Details
    • Property ID
      SBB7JB
    • MLS#
      20622050
    • Property type
      Multi-Family Homes
    • Marketed By
      Sotheby's International Realty - Malibu Brokerage
    • Status
      Contract Pending
    • Listing Price
      $3,250,000
    • County
      Los Angeles County
    • School District
      Los Angeles Unified
  • Utilities & Building
    • Year Built
      1963
    • Style
      Contemporary