1237 Amherst

Los Angeles, CA, 90025
For Sale $3,600,000
  • 0.16acre
Listing agent:
Everett Wong
License #01991247
Greysteel California, Inc.
1237 Amherst Avenue is an incredibly clean and well-maintained 9-unit ‘bread-and-butter’ multifamily opportunity situated on a quiet side street in coveted West Los Angeles offered at a 5.1% cap rate! The property is currently generating excellent rental income with the average rent of $2,507/month per unit. There is additional upside of approximately 15-20% from current to market which may be achieved with upgraded in-unit renovations such as modernized and renovated kitchens and bathrooms. The property offers a diverse unit mix of six (6) one-bedroom units and three (3) two-bedroom units (one of which is a spacious Owner's Unit facing Amherst). Many of the units feature private balconies or patios. 1237 Amherst has completed the LA Seismic Retrofit (CofC dated 5/1/2020).

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1237 Amherst is a Residential Income Mixed Use property located in Los Angeles, California, featuring a 0.161 acre lot, MLS #PW24193373.

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Data last modified: 2024-09-25 19:04:16