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
323.515.8306
License No. 01768556
Joshua Levy
MANAGING PARTNER
323.515.8307
License No. 01068569
GENERAL INQUIRIES
Erika Clark
DIRECTOR | MARKETING
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
Erika Clark
DIRECTOR | MARKETING
Marketing, Listing General Inquiries, Recruiting
CA Lic.# 01068569
