716 Parkman Ave

Los Angeles

 

$1,000,000

 
 
 
 

3

UNITS

$333,333

PRICE/UNIT

$457

PRICE/SQ FT

2.11%

CAP

24.71

GIM

5.17%

PRO FORMA CAP

13.89

PRO FORMA GIM
 

LAAA is pleased to present three units located at 716 Parkman Avenue in prime Los Angeles, California. The offering is constructed in 1921 and consists of three, large one-bedroom / one-bathroom units each approximately 728-square feet. Each unit features in-unit laundry hookups and garage parking. With significant upside in rents, the offering allows an investor to raise rents to market or owner occupy and have the additional rents pay for all expenses. Silver Lake is a residential and commercial neighborhood in the central region of Los Angeles. An up and coming area, it is known for its restaurants and hipster hangouts causing it to be home for many notable people.

 
 
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Arash Memary

Associate

O: (818) 212-2808

M: (818) 357-9525

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