4222 Hooper Avenue, Los Angeles, CA 90011
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4222 Hooper Avenue, Los Angeles, CA 90011
4222 Hooper Avenue, Los Angeles, CA 90011
4222 Hooper Avenue, Los Angeles, CA 90011
4222 Hooper Avenue, Los Angeles, CA 90011
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$ 1,125,000
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4222 Hooper Avenue Los Angeles, CA 90011

6,460 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,460 sqft

Price per Sqft $174

MLS Listing ID CL26982531

HOA Y/N No

Year Built 1929

Lot Size 5,150 Sqft

Acres 0.1182

Property Sub-Type Other

Property Description

Investor' s Prime location, just minutes away from Downtown LA, USC, BMO Stadium, George Lucas' Billion Dollar Museum, Thomas Jefferson High School and Exposition Park, where the 2028 Olympics will be held! The property consists of 7 large UNITS / 2 two story buildings , with an attractive combination of existing income and long-term upside, a great unit mix consisting of (4) 2 Bed / 1 Bath, (3) 1 Bed / 1 Bath units. Excellent in-place cash flow on day one, with the benefit of an additional of 35% upside in rents. POSITIVE cash on cash return with current rents. ESTIMATED 7.36 % cap rate, 9.21GRM. Electric and Gas utilities for both buildings are separately metered. Inside with an accepted offer. Fully occupied building , do not disturb tenants . call agent for ore information and Make an offer on the car form RIPA.

Location

State CA

County Los Angeles

Zoning LARD2

Interior

Heating Natural Gas, Space Heater, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet

Fireplace No

Appliance Dryer

Laundry Dryer, Washer

Building

New Construction No

Others

Tax ID 5116003001


Bridge MLS
Listed by Marc Chorin • ZARA Equity Corp.

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4222 Hooper Avenue