232 N. Avenue 53, Highland Park, CA 90042 - SR20003757 - iPro Real Estate

232 N. Avenue 53
Highland Park, CA 90042

Deleted, Multi-Family/Income Sale

For Sale

$4,800,000

Free Professional CMA

Listing ID : SR20003757

  • Beds

    3
  • Year

    1930

Description

Artisan Apartments is a substantially renovated 16-unit apartment complex located in a gentrified part of Highland Park, a lovely neighborhood in the San Rafael Hills of Los Angeles, California. Set on a 11,486 square foot lot, the 11,175-square-foot property built in 1930 is undergoing substantial renovations and features phenomenal rental upside. This ideal locale also allows easy freeway access to the 110 Arroyo Seco Parkway. The subject property currently offers 5 studios, 10 one-bedrooms and 1 two-be

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5468018008
Cap Rate: 3% 
Net Operating Income: $159,275 
Number of Units: 16 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: LARD1.5 

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Interactive

34.108723 -118.19986 $4,800,000 SR20003757
232 N. Avenue 53, Highland Park, CA 90042
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Listed by Warren Berzack with Lee & Associates