
Closed Listing
8 Units in Chinatown @ 14.22 GRM & 39% Upside
900 w college st
sold in
Chinatown
Sold At
$
2,460,000
8
Number of Units
1969
Year Built
8,054
SF
Square Footage
6,808
SF
Lot Size
LAR4
Zoning
900 W College St, Los Angeles, CA 90012
About the Property
900 W College St, an 8-unit multifamily investment asset located in the culturally dynamic and rapidly developing neighborhood of Chinatown. Located just north of Sunset Boulevard, the subject property is conveniently located near a diverse selection of charming cafes, highly reviewed restaurants and boutique retail destinations. Additionally, its' proximity to the 110 and 101 Freeways provides residents easy access to employment and entertainment hubs throughout the Greater Los Angeles Area. Please note, the townhouse currently serves as the owner's unit and will be delivered vacant upon close of escrow. The units offer a significant value-add opportunity to potential investors, as current rents are approximately 39% below market value for nicely remodeled units in the area.
8
Number of Units
1969
Year Built
8,054
SF
Square Footage
6,808
SF
Lot Size
LAR4
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$307,500
Price p/ Sq. ft.
$305
Proforma Cap Rate
6.83%




Contact
Sales agent
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