11150 Regent ST new

Los Angeles,CA 90034

$ 3100000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25504187

Year Built 1954

Lot Size 0.264 Acres

Property Description

With an attractive 4.9% cap rate and a 14.3 gross rent multiplier this remarkable multi-family building is priced to sell! 1150 Regent St. is a 12-unit apartment building nestled in the highly sought-after Palms area of Los Angeles, boasting a vibrant community and endless investment potential. This prime property presents a golden opportunity for astute investors seeking to expand their portfolio in the thriving Los Angeles real estate market. With its desirable features and strategic location, this multifamily classic is poised to deliver impressive returns. Spanning an impressive 8,620 square feet, this well-maintained apartment building is situated on an expansive 11,514 square foot lot, offering ample space for residents to enjoy. With a net operating income of $12,311, this investment promises lucrative returns that are sure to capture the attention of discerning buyers.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Building

Story 2

Others

Special Listing Condition Standard

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