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!!!

 

By: Lucrum
August 6, 2021

Sales Team

Raymond A. Rodriguez IV

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

Scotty Weisstein

PartnerMultifamily Investment Sales
818.205.8847 scotty@lucrumre.com CA License: 01483264 Download Bio

Sales Team

Raymond A. Rodriguez IV

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

Scotty Weisstein

PartnerMultifamily Investment Sales
818.205.8847 scotty@lucrumre.com 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

What Rising Interest Rates Mean for Apartment Cap Rates

Market News

This article is published by GlobeSt and authored by Paul Bergeron.   … Continue reading What Rising Interest Rates Mean for Apartment Cap Rates

Read more

Rising Interest Rates Aren’t Stopping Apartment Investors from Cutting Deals

Market News

This article is published by Wealth Management and authored by Bendix Anderson. … Continue reading Rising Interest Rates Aren’t Stopping Apartment Investors from Cutting Deals

Read more

Cost Segregation Studies Generate Savings For Real Estate Investors

Market News

This article is published by AOA USA and authored by Clifford A. … Continue reading Cost Segregation Studies Generate Savings For Real Estate Investors

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