461 Vista StLos Angeles, CA 90036

This 3-unit apartment building presents a compelling value-add investment opportunity in Los Angeles' desirable Fairfax neighborhood. The property boasts 4,112 square feet of net rentable space situated on a 6,105 square foot lot. Built in 1939, the two-story building currently enjoys 100% occupancy, generating a current NOI of $68,670, representing a 3.12% cap rate. Pro forma projections indicate a potential NOI of $82,398 and a 3.75% cap rate, suggesting significant upside. The unit mix includes two 2-bedroom, 1-bathroom units and one 2-bedroom, 2-bathroom unit, each offering substantial living space. Its prime location offers convenient access to The Grove, Pan-Pacific Park, and other key Los Angeles attractions. The property is zoned LARD1.5 and features a total of 4,112 square feet, priced at $535.02 per square foot and $733,333.33 per unit. The asking price for this exceptional investment is $2,200,000. The property's strong performance and potential for increased profitability make it an attractive addition to any investment portfolio. The APN is 5526-032-002.