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listing
1 of 30
Residential IncomeFor Sale
$4,450,000
650 S La Jolla Avenue
Los Angeles, CA 90048
Listed by Adam Kanizo DRE#02008361 [email protected] Paloma Realty Partners, Inc.
MLS: California Regional MLS (CRMLS)
10Beds
10Baths
10,858Sq Ft
Est. Mortgage
$23,070/mo

650 S La Jolla Avenue is a 10-unit multi-family apartment complex featuring 1,100sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has RTI permits for two 1bd/1bth ADUs through a carport conversion. Upon completion of the ADUs, the property will have a 13x GRM and an in-place 5.4% cap rate, with a 30% upside in existing unit rents. The building features a new 400amp main panel. Each unit is separately metered for electricity and gas.

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Information courtesy of Paloma Realty Partners, Inc. is subject to verification and is not guaranteed.
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