$4,250,000
5810 San Vicente Boulevard
Los Angeles, CA 90019
15
Beds
14
Baths
10,147
Sq. Ft.
1958
Year Built
Los Angeles
County
ResidentialIncome
Property Type
About this home
5810 San Vicente Boulevard, "The Wick", is a meticulously maintained fourteen-unit property comprised of (2) studios, (9) one bed-one bath, and (3) two bed-one bath units. Built in 1958, the property has had extensive capital improvements and renovations completed within the last 5 years, allowing new ownership to take advantage of a well stabilized, cash flowing asset. Improvements include 12/14 units remodeled, completed soft story retrofit, and new plumbing and electric. The Wick is priced at a 7.00% cap rate and 9.90 GRM with an upside to an 8.52% cap rate and upside to a 8.77 GRM at market rents. In addition, the property has eight parking spaces and storage that can be rented for additional income.
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
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Mortgage Estimate
$22,620/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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