2800 Maple Ave. 90011
Sold for $93,880 Above Asking!
PROBATE SALE. SUBJECT TO COURT CONFIRMATION. SOLD "AS IS - WHERE IS"
5 multifamily units & 2 commercial units. Just South of Martin Luther King Jr. Blvd. and West of Central Ave. East of the I-10 freeway. Probate sale subject to Court Confirmation. Sold "As Is" And "Where Is". Good existing cash flow with upside potential. Separately metered for Gas & Electricity. Street Parking.
Property Highlights | |
---|---|
Street | 2800 Maple Ave |
City | Los Angeles |
State | CA |
Zip | 90011 |
Status | Sold |
Property Type | Multi-family |
Asking Price | $595,000 |
Sold Price | $688,800 |
Year Built | 1893 |
Building Sq Ft | 4,092 (approximate) |
Number of units | 5 Apt Units + 2 Commercial Units |
CAP Rate | 7.04 |
GRM | 9.36 |
Value per unit | $92,857 |
Value per Square Feet | $158.85 |
Broker Name | Vinny Jain |
Telephone | (310) 997-2552 |
VinnyJain@IngeniousAssetGroup.com | |
Brochure file | 2800-maple_ave_mktg_Package_feb_2015.pdf |