For Sale
$4,299,000

6025 Craner AveLos Angeles, CA 91606

6-Unit Multifamily, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
115
This stunning 2021-built, four-story apartment building in Los Angeles, CA (91606) offers six spacious units, each boasting 4 bedrooms and 5 bathrooms, ranging from 2200 to 2400 square feet. The property features modern amenities including an elevator, rooftop deck, secure lobby, and secure garage parking. Each unit includes a chef's kitchen and multiple balconies. The building's 13,653 square feet of net rentable space generates a strong NOI of $255,756 (pro-forma NOI of $283,320), resulting in a 6.01% cap rate (pro-forma 6.59%). Additional income potential exists through the leasing of office and storage space. The asking price is $4,299,000, representing $716,500 per unit and $259.23 per square foot. This exceptional property presents a compelling investment opportunity in a prime Los Angeles location. The total building square footage is 16,584 square feet.

Highlights

  • 2021 construction.
  • Elevator.
  • Rooftop deck.
  • Secure building with secure garage parking.
  • Prime Los Angeles location (91606).

Property Details for 6025 Craner Ave

Property type
Apartment buildings
Square Feet
16,584 SF
Year Built
2021
Buildings
1
Stories
4
Units
6

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.180164194973
Longitude
-118.3692066849
6025 Craner Ave, Los Angeles, California

FAQs

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6025 Craner Ave
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