$1,550,000
Los Angeles, CA 90045
10
Beds
6
Baths
4,456
Sq. Ft.
1951
Year Built
Los Angeles
County
ResidentialIncome
Property Type
5202 Knowlton Street presents a compelling opportunity to acquire a six-unit multifamily asset in the highly desirable Westchester neighborhood of Los Angeles. Offered at $1,550,000, the property generates a strong 5.98% cap rate and 9.89 GRM. The property features a desirable unit mix of four two-bedroom, one-bath units and two one-bedroom, one-bath units. It will be delivered with THREE VACANT UNITS 2 two-bedroom, one-bath units and 1 one-bedroom, one-bath unit giving a new owner the immediate opportunity to renovate and lease them at market rents. The property also includes detached garages that may offer potential for ADU conversions, subject to buyer verification. Ideally located near LAX, Playa Vista, and Silicon Beach, 5202 Knowlton Street offers strong in-place cash flow, and immediate value-add potential.
$8,250/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.