1325 S Amherst Ave | Los Angeles, CA 90049
SALE PRICE: $4,300,000
PRICE/UNIT: $477K PRICE/SF: $551 GRM: 18.55 CAP RATE: 3.17% TRANSACTION HIGHLIGHTS
AAA+ Prime West Los Angeles Location adjacent to Brentwood
EXCELLENT Unit Mix xonsisting of (4) 2 Bed/2 Bath, (2) 2 Bed/1 Bath and (2) 1 Bed/1 Bath units
VERY WELL-MAINTAINED Property with no deferred maintenance + completed earthquake seismic retrofit
ATTRACTIVE add value opportunity with approximately 33% upside in market rents
PRID OF OWNERSHIP asset first time on the market in 25 years!
SUBTERRANEAN Gated parking consisting of 11 parking spaces
PROPERTY sold off market with an all cash offer and 5 day close for buyer’s 1031 exchange
BUYER + SELLER both represented by Michael Monempour