Home For Sale In Los Angeles, California

house for sale

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Listed: 03/31/24

650 S La Jolla Ave, Los Angeles, California, 90048

10 Bed:

10 Bath:

10,858 Sq Ft Living Area:

Price

$ 4,45M

Sold

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About This House

650 S La Jolla Avenue is a 10-unit multi-family apartment complex featuring 1, 100sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has RTI permits for two 1bd/1bth ADUs through a carport conversion. Upon completion of the ADUs, the property will have a 13x GRM and an in-place 5.4% cap rate, with a 30% upside in existing unit rents. The building features a new 400amp main panel. Each unit is separately metered for electricity and gas.

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Home For Sale In Los Angeles, California

650 S La Jolla Ave, Los Angeles, California, 90048

About This House

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