Description
KW Commercial is pleased to offer a nine-unit apartment building for sale addressed 3020 Council St. / 152 North Vendome St. Subject property has a unit mix of 7 (1+1), 1 guest room, and one non-conforming single in which the owner is in the process of legalizing. Building has a total living square footage of 5,402 situated on a corner lot of 6,001 square feet. Property is located adjacent to the trendy Rampart Village neighborhood. Rents are considerably low due to no rent increases for a long while. As a result, there is up to 38% upside potential. The tenants are a great asset which is another addition to this investment opportunity. They are all current, and there has been no difficulty collecting rents during the covid period. You are suggested to drive by to look at the building and the surrounding area. If you have any questions, please do not hesitate to contact us.
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"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 4th October, 2023 9:40 AM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 4th October, 2023 9:40 AM (UTC)
Listing Agent: Akash Saini
Listing Office: Keller Williams Realty-Studio City
