6812 11Th Avenue

Description

An attractive 26 units - almost all are rehabbed. Newer windows and railings. Seismic completed. Diverse unit mix. Strong on-site and off-site management. Separately-metered and RUBS program. 'Leaner' annual expenses and less-likely to come out-of-pocket for cap ex, versus competing deals. Can likely add several ADUs, maybe as many as a half dozen! 6% CAP CURRENT9.11% CAP PROFORMA24K SQ. FT. RENTABLEMASSIVE 20K SQ. FT. LOT - ADD 5 OR 6 ADUs. EXCLUSIVELY LISTED AT $6,595,000PRICE RECENTLY REDUCEDSOLD ALONG WITH 8 UNITS AT 6821 11TH ACROSS THE STREET - BUILDNGS CAN BE SOLD SEPARATELY.

Listing information courtesy of: Brice Head, CBRE, Inc. 310-363-4900. *Based on information from the Association of REALTORS/Multiple Listing as of 02/13/2025 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.