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$1,550,000
Est. payment /mo
10 Beds
6 Baths
4,456 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,456 sqft
Price per Sqft $347
MLS Listing ID 26907307
Bedrooms 10
HOA Y/N No
Year Built 1951
Lot Size 7,122 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area C29 - Westchester
Zoning LAR3
Interior
Heating Baseboard, Electric
Fireplace No
Appliance Refrigerator
Exterior
Garage Spaces 6.0
Garage Description 6.0
Total Parking Spaces 6
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4103013001
Special Listing Condition Standard
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Listed by David Saghian Lyon Stahl Investment Real Estate, Inc. #01992252
Nearby Locations
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