5202 Knowlton Street, Los Angeles, CA 90045
5202 Knowlton Street, Los Angeles, CA 90045
5202 Knowlton Street, Los Angeles, CA 90045
5202 Knowlton Street, Los Angeles, CA 90045
5202 Knowlton Street, Los Angeles, CA 90045
5202 Knowlton Street, Los Angeles, CA 90045
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$ 1,550,000
Est. payment | /mo

4,456 SqFt


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$ 1,550,000
Est. payment | /mo
Save

4,456 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,456 sqft

Price per Sqft $347

MLS Listing ID CL26907307

HOA Y/N No

Year Built 1951

Lot Size 7,120 Sqft

Acres 0.1635

Property Sub-Type Other

Property Description

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.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Baseboard, Electric

Fireplace No

Building

New Construction No

Others

Tax ID 4103013001

Bridge MLS
Listed by David Saghian • Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOLS & PROPERTIES

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Roland & Lydia Osage
Roland & Lydia Osage

Agent License ID: 02055089

+1(925) 206-9799

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5202 Knowlton Street