1300 W 134Th Street

Description

6.03% in place cap rate and 11.34 GRM - NON RENT CONTROLLED ASSET! This fully renovated and high cash-flowing 23 unit asset is located on a massive 34,122 sq ft lot. Property comes with 18 parking spaces and every unit features new floors, cabinets, bathrooms, kitchens and all units are equipped with washer and dryer in unit. Perfect for family rentals. As a fully turned asset this property has very low maintenance. All new windows, roofs, plumbing. This is a perfect turn key asset for any buyer and will produce incredible cash flow. 134th St has an ideal unit mix consisting of (1)3Bed/1Bath, (3) 2Bed/1Bath, & (18) 1Bed/1Bath and (1) Studio/1Bath units. The subject property is just minutes away from major employers and new developments such as SpaceX, Amazon Ring, Boeing, Hollywood Park and SoFi Stadium.

Listing information courtesy of: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 10/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.