3925 Barrett Road, El Sereno, CA, 90032

  • $2,550,000
  • $2,550,000
3925 Barrett Road , El Sereno, CA 90032
Active For Sale
3925 Barrett Road , El Sereno, CA 90032
  • $2,550,000
  • $2,550,000

Description

Here is your opportunity to own a 6-unit apartment building in the El Sereno area of Los Angeles. This multi-family building has 18-doors 12-baths within 6-units that has over 6,800 sf of living space on a large dual address 7,644 sf lot. Each tenant enjoys 3 bedrooms, 1.75 baths, over 1136 sf of living space, 1 carport parking space and 2 onsite shared laundry rooms. All units currently have under market rents with current GRM 19.12 / 4.82% cap rate but has a potential market GRM 11.58 / 8.22% cap rate. Reasonably listed at $150,000 per door, you have ample room for future income growth. This property boasts 100% occupancy in a tenant dense area that is near USC, CSULA, Art Center, Pasadena, Alhambra and Downtown LA. Don’t miss the opportunity to add this property to your RE portfolio.

  • Address 3925 Barrett Road
  • City El Sereno
  • State/county CA
  • Zip/Postal Code 90032

Details

Updated on September 22, 2023 at 4:30 pm
  • Property ID: PW23074930
  • Price: $2,550,000
  • Land Area: 0.1755 Acres
  • Year Built: 1963
  • Property Type: Apartment
  • Property Status: Active

Additional details

  • PropertySubType: Apartment
  • Pool Features: None
  • Heating: Wall Furnace
  • Zone: LARD3
  • Parking: Carport,Attached Carport
  • Days On Market: 143
  • Flooring: Tile
  • Garage Spaces: 0.00
  • LotSize SquareFeet: 7644.00
  • Lot Features: 6-10 Units/Acre
  • Community Features: Curbs,Sidewalks,Street Lights,Suburban,Urban
  • Sewer: Public Sewer
  • AssociationFee: 0.00

Features

Listed by

Cali Home Realty
Agent Name : Vivienne Tran
Agent State License : 01868629

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