315-323 N Virgil Ave
LOS ANGELES, 90004
12-Unit Multifamily Income Property Near Echo Park
2 BD / 1 BA
13,416 SF LAMR1
PRICE PER SF
CAP RATE PRO FORMA
GROSS INCOME PRO FORMA
For a full financial breakdown, please browse the Offering Memorandum Package PDF by clicking below.
We are proud to present this multifamily sale; a 12-Unit value-add property situated on a corner lot just north of Beverly Boulevard, in the up-and-coming Rampart Village community. The 9,594 SF building sits on a 13,426 SF lot and features (12) 2 Bed/1 Bath units w/ outdoor parking per unit. 2 units have been recently renovated with updated stainless steel appliances, kitchen & bathroom cabinetry, paint and laminate wood flooring. All units are individually metered for gas and electric.
In addition to the impressive return, our investor will enjoy gentrification occurring at a quick pace in Rampart Village which neighbors other growing communities such as Echo Park and Silver Lake.