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4321 BERRYMAN AVE | LOS ANGELES, CA | 90066

$4,075,000 | 10 UNIT RENT CONTROLLED MULTIFAMILY PROPERTY | + 6,509 BUILDING SF | + 11,188 LAND SF

ADDITIONAL DETAILS

YEAR

 

1958

PARKING SPACES

 

+ 10

CAP RATE

(Current/Proforma)

4.42%* / 5.93%

GRM

(Current/Proforma)

15.67 / 12.60

ZONING

 

LAR3

APN

 

4217-008-009

*Assumes current vacancy of 1x(3+1) and 1x(1+1) are rented at market rent.

INVESTMENT HIGHLIGHTS

  • Delivered to New Buyer with 1 vacant 3+1 Unit and 1 vacant 1+1
  • Significant Loss to Lease Averaging $660*
  • 88% of the Rent Roll Has Lived in the Property 5 Years or Less
  • 50% of the Rent Roll Has Lived in the Building 2 Years or Less
  • Excellent and Varied Unit Mix
  • Expense Efficient Property
    * Excluding currently vacant units

PRESENTED BY

Matthew Dobson

MANAGING PARTNER | BROKER OFFICER

mdobson@arcainc.us
323.515.8306
License No. 01768556

Joshua Levy

MANAGING PARTNER

jlevy@arcainc.us
323.515.8307
License No. 01068569

GENERAL INQUIRIES

Erika Clark

DIRECTOR | MARKETING

eclark@arcainc.us
323.515.8302
License No. 02011202

Visit Us

180 S LAKE AVENUE

SUITE 205

PASADENA, CA 91101

Contact us

(323) 515-8302

Info@arcainc.us

 

Open Hours

M-F: 8:30 AM - 5:30 PM

 

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