$3,950,000
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4024 Nicolet Avenue Los Angeles, CA 90008
Cluster
Residence
27
Beds
27
Baths
...
Bed/Bath
17,034
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer the opportunity to acquire 4024 Nicolet Avenue, a 20-unit apartment community located in Baldwin Village. Situated on a 15,633 square foot parcel, the property is comprised of 13 one-bedroom units ...and seven two-bedroom units. The property has more than 20% upside in rental income that can be captured through renovating remaining unit interiors. Moreover, the mandatory soft-story retrofit wok has already been completed saving a new investor substantially in capital and time. 4024 Nicolet Avenue provides investors a compelling buying opportunity to acquire a value-add opportunity with a healthy in-place income stream, located in a rapidly gentrifying neighborhood.
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MLS#
24437499
Property Type
Cluster
Bedrooms
27
Bathrooms
Year Built
1958
Square Feet
17,034
sq. ft
Lot Size
0.36
Stories
2.0
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