Closed Listing
Glassell Park Fourplex @ 7.35 GRM & 9.50% CAP
3905 marguerite
sold in
Los Angeles
Sold At
$
550,000
4
Number of Units
1925
Year Built
2,597
SF
Square Footage
9,810
SF
Lot Size
LARD2
Zoning
3505 Marguerite St, Los Angeles, CA 90065
About the Property
3905 Marguerite is a fixer built in 1925, and situated on a 9,810 square foot parcel. The compound consists of three separate structures: a front duplex, a middle bungalow, and a back house. Front house collects $1500 for the top unit and $1500 for the bottom unit. Middle Bungalow rented for $1200 and back house collects $1500. While, property brings in a profit as is Investors will have the opportunity to implement a comprehensive interior and exterior renovation to re-imagine the property into a truly unique vintage community and increase rental income. Close to freeways, DTLA, shops, and dining. All units occupied. Please do not disturb tenants. Buyer to verify all information.
3505 Marguerite St.
Northeast LA
Offering Price
$550,000
Number of Units
4 Units
Price per. Unit
$137,500
Bldg. Size
2,597 SF
Price per Foot
$212
Lot Size
9,810 SF
Year Built
1925
Current CAP
9.50%
Market CAP
9.50%
Zoning
LARD2
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$137,500
Price p/ Sq. ft.
$212
Proforma Cap Rate
9.50%
Contact
Sales agent
Related
Closed Listings
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