6-Units | All One-Bedroom | $157,500 per door | $76 per SF of Land > South Los Angeles

The subject property consists of six (6) units sitting on an oversized 12,419 SF lot located in the city of Los Angeles.​ There are three buildings containing two units each.​ Each unit is a one-bedroom and one-bath apartment independently metered for gas and electric.​ This property provides a great opportunity for an investor to acquire an asset with considerable future rental upside.​ The projected market cap rate is 8.49% while the market GRM is 8.08.​ It has been reported by the seller that tenants have been paying rents on time for the last 24 months.​ The Colombo Group at Lyon Stahl is pleased to offer 239 W 113th St, Los Angeles, CA 90061 for sale.​