Just Closed: 2 Units | Los Angeles, CA

Details

  • Price: $645,000
  • Cap Rate: 5.27%
  • GRM: 12.53
  • Cost per SF: $351.31
  • Cost per unit: $322,500
  • Year Built: 1923 | 1928
  • Square Footage: 1,836
  • Lot Size: 6,055 SF
  • Units: 2
  • Parking : Rear Unaccessible Parking Lot
  • Transaction Type: Sold
  • Property Type: Multifamily/ Residential
  • APN/Parcel ID: 5005-025-026

Just Closed: The Archway | Park Mesa Heights, CA

Invest In Results | Grow Your Legacy

– lucrumre.com

 

Agents: Raymond A. Rodriguez | Mathew Freedman

Team: Lucrum Real Estate Group

 

We are thrilled to announce our latest closing of this value-added duplex in Los Angeles, CA. Lucrum represented both the Seller and Buyer in this transaction. The Archway is a beautiful Spanish style duplex located in the dynamically emerging market of Park Mesa Heights, South LA.

By working together and collaborating consistently with our clients we were able to overcome the challenge of gaining the loan approval within the required timeline. With the cooperation of the entire team, we were able to get our client under contract and ran the transaction as smoothly as possible for both parties.

Thank you to our clients for a harmonious business relationship and all who assisted with this accomplished sale!

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!!!

 

By: Lucrum
September 20, 2021

Sales Team

Raymond A. Rodriguez IV

Founding PartnerMultifamily Investment Sales
866.582.7865 ray@lucrumre.com CA License: 01402283 Download Bio

Mathew Gates Freedman

PartnerCommercial Real Estate Sales
818.585.6888 matt@lucrumre.com CA License: 01487954 Download Bio

Sales Team

Raymond A. Rodriguez IV

Founding PartnerMultifamily Investment Sales
866.582.7865 ray@lucrumre.com CA License: 01402283 Download Bio

Mathew Gates Freedman

PartnerCommercial Real Estate Sales
818.585.6888 matt@lucrumre.com CA License: 01487954 Download Bio

Details

  • Price: $645,000
  • Cap Rate: 5.27%
  • GRM: 12.53
  • Cost per SF: $351.31
  • Cost per unit: $322,500
  • Year Built: 1923 | 1928
  • Square Footage: 1,836
  • Lot Size: 6,055 SF
  • Units: 2
  • Parking : Rear Unaccessible Parking Lot
  • Transaction Type: Sold
  • Property Type: Multifamily/ Residential
  • APN/Parcel ID: 5005-025-026

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