11150 Regent Street new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90034
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 8,620 sqft
Price per Sqft $348
MLS Listing ID CL25598101
HOA Y/N No
Year Built 1954
Lot Size 0.264 Acres
Acres 0.26
Property Sub-Type Comm Ind For Sale
Property Description
Welcome to 11150 Regent St., a remarkable 12-unit apartment building nestled in the highly sought-after Palms area of Los Angeles, boasting a vibrant community and endless investment potential. This prime property presents a golden opportunity for astute investors seeking to expand their portfolio in the thriving Los Angeles real estate market. With its desirable features and strategic location, this multifamily gem is poised to deliver impressive returns. Spanning an impressive 8,620 square feet, this apartment building is situated on an expansive 11,514 square foot lot, offering ample space for residents to enjoy. The attractive 13.7 gross rent multiplier and 5.2% cap rate highlight the property's exceptional income potential.With a monthly net operating income of $12,915, this investment promises lucrative returns that are sure to capture the attention of discerning buyers. RECENT UPGRADED ELECTRICAL PANEL 9/25 and ROOF MAINTENANCE AND REPAIR 8/25.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Exterior
Total Parking Spaces 10
Building
New Construction No
Others
Tax ID 4252001001