12015 Kling St | Los Angeles, CA 91607

SALE PRICE: $7,125,000

PRICE/UNIT: $296K          PRICE/SF: $297                  GRM: 11.81                 CAP RATE: 5.54%             

TRANSACTION HIGHLIGHTS

• COMPLETED Earthquake Seismic Retrofit

• EXCELLENT Unit Mix consisting of 16 (2B/2B) and 8 (1B/1B) units

• BUILDING IS 100% FULLY REPIPED with copper plumbing

• APPROX. 28% UPSIDE in market rents

• ABILITY TO ADD multiple ADU’s on top of garages in the rear without sacrificing any parking space

• ONSITE laundry room + pool

• ALL UNITS are slightly remodeled with hardwood floors, granite countertops and stainless steel appliances

• ALL UNITS have private patios

• UNITS separately metered for gas and electric

• BUYER + SELLER represented by Michael Monempour and David Saghian