1037 S Holt Ave, Los Angeles, CA, 90035
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Property Details
9
8
Multi-Family
Description
Property Details: • Type: Multi-Family • Bedrooms: 9 • Bathrooms: 8 • Square Feet: 5330 • Lot/Size: 6,642 sqft lot
Description: 1037 S. Holt Avenue presents an opportunity to acquire a well-maintained six-unit multi-family asset in the heart of Pico-Robertson, one of Los Angeles' most desirable and centrally located rental neighborhoods. One 1-bedroom, 1-bath unit will be delivered vacant at the close of escrow, while the remaining five occupied units provide immediate cash flow and a more favorable path to financing with in-place income. When projecting the vacant unit at market rent (post-renovation), the asset is estimated to operate at an approximate 4.82% CAP rate and 12.53 GRM, highlighting its solid current performance. With full stabilization, the property offers strong upside potential with a projected 6.70
Location
Address
1037 S Holt Ave, Los Angeles, CA, 90035
City
Los Angeles
Features and Finishes
Year Built: 1957; [object Object]; [object Object]; [object Object]
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