5202 Knowlton St, Los Angeles, CA 90045

$1,550,000
10
BD
6
BA
4,456
SqFt

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List Price
$1,550,000
MLS#
26907307
Year Built
1951
Bedrooms
10
Bathrooms
6
Living Sq. Ft
4,456
Lot Size
7,120
Days on Market
14
Property Type
Multifamily
Stories
2

Property Description

5202 Knowlton Street presents a compelling opportunity to acquire a six-unit multifamily asset in the highly desirable Westchester neighborhood of Los Angeles. Offered at $1,550,000, the property generates a strong 5.98% cap rate and 9.89 GRM. The property features a desirable unit mix of four two-bedroom, one-bath units and two one-bedroom, one-bath units. It will be delivered with THREE VACANT UNITS 2 two-bedroom, one-bath units and 1 one-bedroom, one-bath unit giving a new owner the immediate opportunity to renovate and lease them at market rents. The property also includes detached garages that may offer potential for ADU conversions, subject to buyer verification. Ideally located near LAX, Playa Vista, and Silicon Beach, 5202 Knowlton Street offers strong in-place cash flow, and immediate value-add potential.

Additional Information

Other Buildings
None
Heat
Baseboard, Electric
Cooling
Wall Unit(s)
Number of Cars in Garage
Garage Is Attached, Garage - 4+ Car
Garage Spaces Total
6

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Calculator source: Real Geeks

Courtesy of Lyon Stahl Investment Real Estate, Inc., David Saghian - CA DRE#01992252

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