6025 Craner Ave Los Angeles, CA 91606

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.