1904 S ROBERTSON BOULEVARD, LOS ANGELES CA 90034

  • 17,440 sq.ft.
  • 21,476 sq.ft. lot
offered at $8,950,000
MLS#:23235777
Status: Active // Property Type:
County: Los Angeles // Year Built: 1954

Property Description

1904 S Robertson Blvd presents an investor a unique opportunity to acquire a 28-unit, deep value-added asset of 17,400 sf comprised of twenty-six, 1 + 1 and two, 2+2 units, situated on a 21,476sf LAR3 lot in the WLA community between Pico Robertson and Culver City. With market rent for renovated but older rental stock trending over $4.00 per foot, the asset has the potential to yield a near 7% CAP. Given this property's location, unit mix and features, this asset is well positioned to meet the highest demand in the market today; smaller, affordable units in WLA. This is a story deal that presents a unique process to extracting value. Due to the tremendous opportunity to add value, this asset represents a compelling opportunity to build significant equity, generate an outsized yield, all while being very well positioned for future development and growth in the immediate area.

Listing Courtesy of Scott Rosenberg, Kidder Mathews of California, Inc.

Interior Features

Heating: Wall Furnace

Exterior Features

Roof: Composition, Shingle
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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