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$ 4,300,000
Est. payment /mo
Active
10786 Missouri AVE Los Angeles, CA 90025
7,430 Sqft Lot
UPDATED:
10/23/2024 03:32 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB23162139
Originating Board California Regional MLS
Year Built 1963
Lot Size 7,430 Sqft
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 C05 - Westwood - Century City
Interior
Laundry Other
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 4321010001
Special Listing Condition Not Applicable
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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.