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    12726 Caswell Ave

    Los Angeles, CA 90066
    • $3,500,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: 20-622050
    UPDATED: 25 min ago
    $3,500,000
    • 13
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,820
      SQFT
    • $513
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Dont miss this great opportunity for a prime nine unit apartment building with upside potential in the growing neighborhood of Mar Vista. Close to Venice Beach, Abbot Kinney and Main Street Santa Monica, with easy access to the 405 and 10 Freeways. Well maintained, and upgraded units! High Walk-Score neighborhood (85), and good access to transit. Remodeled units, with granite counters, newer cabinetry, hard surface flooring (some with Hardwood) and dishwashers in some units. Good unit mix of One, Two and Three bedroom units attract multiple renter types. Upgraded electrical and heating. Current GRM at 16.61, and CAP at 4.06% at actual income and actual expenses with adjustments for the new tax rate. Potential for 5.07% CAP with units at market rent.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T16:42:53.05. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/109308676
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    12726 Caswell Ave Los Angeles, CA 90066

    • Price: $3,500,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 20-622050
    13
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    6,820
    SQFT
    $513
    $/SQFT
    1963
    Built
    Neighborhood:
    Palms - Mar Vista
    County:
    Los Angeles
    Area:
    Palms - Mar Vista
    Property Description
    Dont miss this great opportunity for a prime nine unit apartment building with upside potential in the growing neighborhood of Mar Vista. Close to Venice Beach, Abbot Kinney and Main Street Santa Monica, with easy access to the 405 and 10 Freeways. Well maintained, and upgraded units! High Walk-Score neighborhood (85), and good access to transit. Remodeled units, with granite counters, newer cabinetry, hard surface flooring (some with Hardwood) and dishwashers in some units. Good unit mix of One, Two and Three bedroom units attract multiple renter types. Upgraded electrical and heating. Current GRM at 16.61, and CAP at 4.06% at actual income and actual expenses with adjustments for the new tax rate. Potential for 5.07% CAP with units at market rent.
    Exterior Features

    Lot Size Area 7114 Other Structures None Parking Garage Driveway - Combination Pool Description None Pool YN No Spa None Spa YN No Style Traditional Total Parking 12

    Interior Features

    Baths Total 13.00 Cooling None Equipment None Heating Other Laundry Community

    Property Features

    Assessed Total Value 1591378 Gross Income 210747 Gross Operating Income 206557 Like Units1 5 Like Units2 1 Like Units3 2 Like Units4 1 Net Operating Income 142207.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 59133 Type Of Units . Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Barry Kinyon DRE#01097786 of Sotheby's International Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T16:42:53.05. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355