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3126 S Halm Ave
Los Angeles, CA 90034

Residential Property For Sale · 3 Units

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Investment Highlights

Great location, All units Separately Metered

upside potential including potential for ADU addition.

Executive Summary

Currently offered at a 4.94% Cap Rate, this is an awesome investment opportunity with upside potential. The property is ideal for an investor looking to update the units and increase rents. Three-unit property with one single family home and a duplex in the back. Units separately metered. Front and Back Yards. Large parking area for 6 cars or another ADU. Buyer must cooperate with sellers 1031 exchange. 2 bedroom unit possibly becoming vacant in October.

PROPERTY FACTS

Price Per Unit	£394,719	Apartment Style	Low Rise
Sale Type	Investment	Building Size	2,282 SF
Net Initial Yield	4.94%	Average Occupancy	100%
Sale Conditions	1031 Exchange	Number of Floors	2
No. Units	3	Year Built	1948
Property Type	Residential	Parking Ratio	2.63/1,000 SF
Property Subtype	Apartment

Price Per Unit	£394,719
Sale Type	Investment
Net Initial Yield	4.94%
Sale Conditions	1031 Exchange
No. Units	3
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Size	2,282 SF
Average Occupancy	100%
Number of Floors	2
Year Built	1948
Parking Ratio	2.63/1,000 SF

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
2+1	1	-	-
2+2	1	-	-
1+1	1	-	-

zoning

Zoning Code	LARD 1.5 (LARD 1.5)
LARD 1.5 (LARD 1.5)

Listing ID: 27522134
Date on Market: 16/01/2023
Last Updated:
Address: 3126 S Halm Ave, Los Angeles, CA 90034

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