233 N Park View St, Los Angeles, CA 90026, USA
Closed $2,040,850 - Multifamily

This Mid Century Modern 8 unit apartment building is located in the burgeoning Central Los Angeles neighborhood of North Westlake, adjacent to Silver Lake, Echo Park, Downtown LA, Pico-Union and Koreatown. Apartment demand remains high as Downtown LA continues its renaissance.

Built in 1966, the unit mix includes four 1 bedrooms, three 2 bedrooms and one 4 bedroom originally intended as an “owners” unit. 4 of the 8 units have undergone remodeling, leaving opportunity and upside to be realized. Top floor units have subtle views of the City and/or Hollywood Hills. The building offers 9 parking spaces and has a central coin operated laundry room.

This is a rare opportunity to own a well performing and well maintained multifamily asset, in the hot Downtown LA area.

Download the Marketing Package for more information and financials.

Additional Details

  • Address: 233 N. Park View, Los Angeles 90026
  • Gross Rent Mulitplier: 13.40
  • Cap Rate: 4.61
  • Year Built: 1966
  • Submarket: Westlake
  • Unit Count: 8

Note

Property Video
North Park View -8 Units
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