Value-Add Opportunity - Building to be delivered with 11 vacancies allowing for a prospective investor to capture market rent on 68% of the units. ; Large Floorplans - The Subject Property features spacious units with a total building size of 16,876 Sq. Ft. ; Diverse Unit Mix - The Subject Property consists of 1-Bedroom; 2-Bedroom and 3-Bedroom Units; 75% of the Units are 2-Bedroom Units. ; Attractive Financing - The property should provide for financing at 65% to 75% LTV of the asking price once fully leased up and stabilized.
Off market
$3,477,500
3940 Nicolet Ave, Los Angeles, CA 90008
29beds
27baths
16,876sqft
MultiFamily
Built in 1956
-- sqft lot
$3,477,500 Zestimate®
$206/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 29
- Bathrooms: 27
Cooling
- Other
Interior area
- Total interior livable area: 16,876 sqft
Property
Parking
- Total spaces: 11
Lot
- Size: 0.37 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1956
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- Equipment: Other
- Cooling: Other
- SourceLotSizeArea: Vendor Enhanced
- Heating: Other
- ListingArea: Park Hills Heights
- ParkingGarage: Covered Parking
- Country: US
- ListingStatus: Pending
- UnitTypeType: 2106, 2107, 2108, 2109
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,477,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,477,500