Just Closed: Duplex | Mid-Wilshire, CA

Details

  • Price: 1,350,000
  • Cap Rate: 5.79%
  • GRM: 14.01
  • Cost per SF: $508.51
  • Cost per unit: $672,500
  • Year Built: 1918
  • Square Footage: 2,645
  • Lot Size: 3,808 SF
  • Units: 2
  • No. Stories: 2
  • Parking: 2
  • Transaction Type: Sold
  • Property Type: Multifamily
  • Zoning: LAR3
  • Building Class: N/A
  • APN/Parcel ID: 5521-016-017

Just Closed: Oakwood Manor |Mid-Wilshire, CA

Invest In Results | Grow Your Legacy

– lucrumre.com

 

Agents: Raymond A. Rodriguez | Scotty Weisstein

Team: Lucrum Real Estate Group

 

We are grateful to announce the closing of Oakwood Manor, a charming duplex comprised of two spacious homes on one lot!

Lucrum represented the Buyer in this closing. Our clients deeply desired a special property that could serve as a beautiful home and an investment property for their family in central LA. They found their dream property and we moved swiftly to secure it for them for the best price and terms possible! The transaction ran seamlessly and culminated with Scotty joining our clients who were also his friends in their new home for a beautiful night full of great food and wine!

We love helping our clients accomplish their goals and improve their lives. Contact us and be a part of our next real estate success story!!!

 

Sales Team

Raymond A. Rodriguez IV

Founding PartnerMultifamily Investment Sales
866.582.7865 [email protected] CA License: 01402283 Download Bio

Scotty Weisstein

PartnerMultifamily Investment Sales
818.205.8847 [email protected] CA License: 01483264 Download Bio

Sales Team

Raymond A. Rodriguez IV

Founding PartnerMultifamily Investment Sales
866.582.7865 [email protected] CA License: 01402283 Download Bio

Scotty Weisstein

PartnerMultifamily Investment Sales
818.205.8847 [email protected] CA License: 01483264 Download Bio

Details

  • Price: 1,350,000
  • Cap Rate: 5.79%
  • GRM: 14.01
  • Cost per SF: $508.51
  • Cost per unit: $672,500
  • Year Built: 1918
  • Square Footage: 2,645
  • Lot Size: 3,808 SF
  • Units: 2
  • No. Stories: 2
  • Parking: 2
  • Transaction Type: Sold
  • Property Type: Multifamily
  • Zoning: LAR3
  • Building Class: N/A
  • APN/Parcel ID: 5521-016-017

Similar Posts

Equitable Rent: What Investors Need to Know About LA City’s Proposed RSO Changes

Market News

For multifamily investors in Los Angeles, staying ahead of regulatory changes is … Continue reading Equitable Rent: What Investors Need to Know About LA City’s Proposed RSO Changes

Read more

Proposition 33 Rejected: What It Means for California’s Multifamily Housing Market

Market News

California’s recent vote on Proposition 33 has once again highlighted the ongoing … Continue reading Proposition 33 Rejected: What It Means for California’s Multifamily Housing Market

Read more

Multifamily Market Could Be in Position to Rebound

Market News

The multifamily real estate market has seen significant instability in recent years, … Continue reading Multifamily Market Could Be in Position to Rebound

Read more

Gain Valuable Insight

You need to be informed about changes in legislation, economic developments, and current events to protect your interests and assets.

SUBSCRIBE NOW