16 Units w/ 10.57 GRM & 5.77% CAP by Larchmont Village

4754 Oakwood is a 16-unit property offered at $150,000 PPU & 10.57 GRM on current rents. This 16-unit value-add property is 1 mile east from the heart of Larchmont Blvd. This elegant tree-lined commercial hub is home to many beloved boutiques, bustling cafes, and iconic eateries. Built in 1941, 4754 Oakwood features (16) bachelor units that average approx. 400 SF each. Each studio features a coat closet, plenty of cabinet space, wood-laminate flooring, and large picture windows that allow abundant natural light. The property is offered at 10.57 GRM and 5.77% CAP on current rents, with 2 VACANT UNITS and approx. 44% rental upside. By achieving market rents, 4754 Oakwood will stabilize at a 9.78% CAP and 7.33 GRM. View our similar active listings here.