James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

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listing
1 of 5
Residential IncomeFor Sale
$5,499,000
1975 S Corning Street
Los Angeles, CA 90034
Listed by Brice Head DRE#01330706 [email protected] Cbre, Inc.
MLS: California Regional MLS (CRMLS)
26Beds
21Baths
12,816Sq Ft
Est. Mortgage
$28,485/mo

Classic 60's courtyard building with garden-style, walk-up units, that are prevalent in The Westside. Just North of the 10 Freeway and a few blocks West of La Cienega, the property is located in La Cienega Heights, neighboring Palms - one of The Westside's most robust rental submarkets. A tried-and-true investment option with easy access to jobs, dining and retail in Beverly Hills, Culver City and Hollywood. Highly "walkable" just 2 blocks from a large retail center, anchored by Target, LA Fitness & CVS. Through organic turnover or "cash for keys", a Buyer can expect healthy rent increases and a proforma cap rate of 6%.

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Information courtesy of Cbre, Inc. is subject to verification and is not guaranteed.
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