Closed Listing
12 Units in Rampart Village @ 10.38 GRM & 6.59% CAP
222 s vendome
sold in
Rampart Village
Sold At
$
2,000,000
12
Number of Units
1987
Year Built
27,588
SF
Square Footage
9,017
SF
Lot Size
N/A
Zoning
222 S Vendome St, Los Angeles, CA 90057
About the Property
This investment is a 12 unit apartment building, built in 1987, with a favorable unit mix of (1) 3 bedroom / 2 bath, (10) 2 bedroom / 2 bath, and (1) 1 bedroom / 1 bath* unit. This building is NOT SUBJECT TO RENT CONTROL and has been well managed and maintained. The roof is all new (February 2006) with a 10 year warranty. The water heater is new as well. Amenities include 17 secure, subteranean parking spaces, central heating and air conditioning in all units (except 1+1), and 2 laundry rooms. Located in Historic Filipinotown, between Beverly and 3rd, this property offers easy accessto Hollywood, Los Feliz, Koreatown, Silverlake and Downtown Los Angeles.
222 S Vendome St.
Koreatown / Mid-City
Offering Price
$2,000,000
Number of Units
12 Units
Price per. Unit
$166,666
Bldg. Size
27,588 SF
Price per Foot
$179
Lot Size
9,017 SF
Year Built
1987
Current CAP
6.59%
Market CAP
7.14%
Zoning
N/A
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$166,666
Price p/ Sq. ft.
$179
Proforma Cap Rate
7.14%
Contact
Sales agent
Related
Closed Listings
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