744 S Windsor Boulevard, Los Angeles, CA 90005

$2,850,000
18
BD
14
BA
9,332
SqFt

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List Price
$2,850,000
Status
ACTIVE
MLS#
26104754
Year Built
1957
Bedrooms
18
Bathrooms
14
Living Sq. Ft
9,332
Lot Size
10,479
Acres
0.24
Days on Market
0
Property Type
Multifamily
Style
Traditional
Stories
One Level

Property Description

Roque & Mark Co. is pleased to present this rare, pride-of-ownership investment opportunity in the highly coveted Windsor Village / Mid-Wilshire submarket. Nestled on a quiet, tree-lined street just minutes from Hancock Park, Larchmont Village, and Koreatown, this pristine 10-unit apartment building is the ultimate turnkey asset for a passive investor or 1031-exchange buyer looking for immediate, stable cash flow. Competitively priced at only 10.4 GRM and a 5.7% CAP rate at current rents. The property features an exceptional, high-demand unit mix with modernized interiors and updated infrastructure. There are (5) 2 beds + 2 baths, (2) 2 beds + 1.5 baths, and (3) 1 bed + 1 bath units. There are currently no vacancies. In a high-density neighborhood where parking is an absolute premium, this building boasts an incredible competitive advantage: a secure, gated community garage providing 10 dedicated spaces - one for every unit. Situated in a Walker's Paradise just south of Wilshire Boulevard, residents enjoy unparalleled proximity to major employment hubs in DTLA, Beverly Hills, and Miracle Mile. Positioned on an expansive LAR3-zoned lot, this low-maintenance property offers defensive stability and low long-term operating costs. Soft story retrofit has been completed. Subject Los Angeles RSO.

Additional Information

Appliances
Dishwasher
Heat
Wall Furnace
Cooling Description
None
Garage Spaces Total
10
Sewer
Other
Attached Structure
Detached
Number Of Units Total
10

Listing courtesy of Listing Agent: David Schuchman (david@roque-mark.com) from Listing Office: Roque & Mark Company, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.