1526 Wooster St, Los Angeles, CA 90035

5 Unit Apartment Building | $2,695,000 ($539,000/Unit) | 4.42% Cap Rate | Los Angeles, CA 90035

Asking Price $2,695,000

Property Type: Multifamily
Square Feet: 6,175 SF

Listing Contacts

Iman Eshaghyan

Property Overview

Coldwell Banker Commercial NRT is pleased to present 1526 S. Wooster Street, a 5-Unit, apartment complex located on a quiet street minute away from Beverly Hills on the northern tip of Pico-Robertson neighborhood. Building has excellent unit mix which includes One (1) three bedroom plus den, Two (2) three bedrooms, One (1) two bedroom and One (1) one bedroom units. 3 units are highly renovated with updated kitchen, bath, hardwood floors and new stainless-steel appliances. Value-add potential with several units that are paying below market rents in this well-maintained building. Amazing location with high Walk Score and close to many amenities. Rare opportunity in one of the greatest rental markets in Los Angeles. Don’t miss this great opportunity to own a multi-unit/income property in one of the most sought-after rental areas in Los Angeles!
*** For a full marketing Offering Memorandum, please contact Listing Agent ***

Property Details

Class: C
Year Built: 1958
Stories: 2
Lot Size (sq. ft): 6,534 SF
Units: 5

Highlights

Prime Beverly Hills Adjacent Location!
Five (5) Luxury & Spacious Units
4.42% CAP Current / 6.22% CAP Proforma
Three Units Have Been Highly Renovated
Over 28% Upside in Rents
Assumable Loan - $1,236,860 @ 3.94% Fix till March 2027

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