Los Angeles, CA 90045
$1,550,000
Mark Quesada
Broker / Owner
DRE #02101365
5202 Knowlton Street presents a compelling opportunity to acquire a six-unit multifamily asset in the highly desirable Westchester neighborhood of Los Angeles. Offered at $1,550,000, the property generates a strong 5.98% cap rate and 9.89 GRM. The property features a desirable unit mix of four two-bedroom, one-bath units and two one-bedroom, one-bath units. It will be delivered with THREE VACANT UNITS 2 two-bedroom, one-bath units and 1 one-bedroom, one-bath unit giving a new owner the immediate opportunity to renovate and lease them at market rents. The property also includes detached garages that may offer potential for ADU conversions, subject to buyer verification. Ideally located near LAX, Playa Vista, and Silicon Beach, 5202 Knowlton Street offers strong in-place cash flow, and immediate value-add potential.
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$11,439/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by David Saghian, Lyon Stahl Investment Real Estate, Inc.
Co-listed by Michael Monempour, Lyon Stahl Investment Real Estate, Inc.
MLS# 26907307 · Active
History reflects records reported to the MLS and may be incomplete.