Details

  • Price:ย $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: 2 Units | Los Angeles, CA

๐—๐˜‚๐˜€๐˜ ๐—–๐—น๐—ผ๐˜€๐—ฒ๐—ฑ: ๐—ง๐—ต๐—ฒ ๐—”๐—ฟ๐—ฐ๐—ต๐˜„๐—ฎ๐˜† | ๐—ฃ๐—ฎ๐—ฟ๐—ธ ๐— ๐—ฒ๐˜€๐—ฎ ๐—›๐—ฒ๐—ถ๐—ด๐—ต๐˜๐˜€, ๐—Ÿ๐—”

๐—œ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜ ๐—œ๐—ป ๐—ฅ๐—ฒ๐˜€๐˜‚๐—น๐˜๐˜€ | ๐—š๐—ฟ๐—ผ๐˜„ ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—Ÿ๐—ฒ๐—ด๐—ฎ๐—ฐ๐˜†

๐—น๐˜‚๐—ฐ๐—ฟ๐˜‚๐—บ๐—ฟ๐—ฒ.๐—ฐ๐—ผ๐—บ

๐—”๐—ด๐—ฒ๐—ป๐˜๐˜€: Raymond A. Rodriguez | Mathew Freedman

๐—ง๐—ฒ๐—ฎ๐—บ: 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,ย 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

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