For Sale
$1,100,000

716 Mcdonald AveLos Angeles, CA 90744

Four-unit apartment building, high rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional four-unit apartment building presents a compelling investment opportunity in the desirable Los Angeles, CA market. Located at 716 McDonald Ave, 90744, this property boasts a total of 3,900 square feet of net rentable space, situated on a 6,201 square foot lot. Built in 1955, the building offers a mix of unit sizes, including two- and three-bedroom, one-bathroom units, and two-bedroom, one-bathroom units. The asking price is $1,100,000, translating to $275,000 per unit and $282.05 per square foot. This well-maintained property offers significant upside potential for rental income. The property is offered fee simple, providing complete ownership. Its location in Los Angeles County offers convenient access to local amenities and transportation. This is an excellent opportunity for investors seeking a stable, cash-flowing multifamily asset with potential for future appreciation in a thriving market. The property's strong unit mix and well-maintained condition make it an attractive investment for both seasoned and new investors. Serious inquiries are encouraged.

Highlights

  • Exceptional four-unit apartment building investment opportunity in Los Angeles, CA.
  • Located at 716 McDonald Ave, 90744, with 3,900 square feet of net rentable space on a 6,201 square foot lot.
  • Built in 1955, featuring a mix of two- and three-bedroom units.
  • Asking price: $1,100,000 ($275,000 per unit, $282.05 per square foot).
  • Well-maintained property with significant upside potential for rental income; offered fee simple.

Property Details for 716 Mcdonald Ave

Property type
Apartment buildings
Square Feet
3,900 SF
Year Built
1955
Units
4

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.778577727302
Longitude
-118.27147973381
716 Mcdonald Ave, Los Angeles, California

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716 Mcdonald Ave
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