Mohr Real Estate Group

Mohr Real Estate Group

4215 S Kansas Avenue Los Angeles CA 90037 MLS #PW24219007

4215 S Kansas Avenue
Los Angeles, CA, 90037
$3,650,000
Beds
0 Baths
SqFt
0.15 Acres
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$3,650,000
4215 S Kansas Avenue
Los Angeles, CA, 90037
MLS #PW24219007 img 0

Property Description


4215 Kansas Avenue is a 24-unit apartment building in Los Angeles, California. The property is in a strong rental location just a half-mile from Expo Park and top Los Angeles attractions that include the L.A. Memorial Coliseum, BMO Stadium, the Lucas Museum, the California Science Center, the California History Museum, and more. Furthermore, USC and the Metro Expo line are just one mile from the property.

4215 Kansas Avenue features 23 studio apartments and one one-bedroom unit. Many of the units have been upgraded, and all are separately metered for gas and electricity. The building also offers on-site laundry.

Current rents offer a new investor 27 percent rental upside, and attractive assumable financing make this a great acquisition opportunity in a dense rental market. Assumable financing terms: Freddie Mac loan via CBRE with a fixed rate of 3.71% until May 1st, 2030. $1,268,411.93 balance remaining as of October 2024.

Property Details

Price:
$3,650,000
MLS #:
PW24219007
Status:
Active
Baths:
0
Address:
4215 S Kansas Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Oct 22, 2024
State:
CA
ZIP:
90037
Lot Size:
6,659 sqft / 0.15 acres (approx)
Year Built:
1924

Schools

Interior

Exterior

Community Features
Urban
Garage Spaces
0.00
Lot Features
Rectangular Lot
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

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4215 S Kansas Avenue
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