Property Highlights
Year Built: 1924
Units: 5
Price / Unit: $210,000.00
Price / SqFt: $423.73
Property Type: Multifamily
Building SqFt: 2,478

Investment Highlights
5700 Van Ness is an exceptional opportunity for investors seeking immediate cash flow and long-term growth potential in the thriving Los Angeles real estate market. This property boasts compelling financial metrics, making it an attractive addition to any investment portfolio.

Gross Rent Multiplier (GRM): 9.86%
Current Cap Rate: 6.96%
Unit Price: $210,000 per unit
Stabilized Cap Rate: 11.35%
Rental Upside: 49%

These figures indicate not only strong immediate income potential but also the likelihood of significant appreciation as market conditions evolve.

Unit Mix

• (3) One-Bedroom/One-Bath Units: Ideal for singles and couples seeking convenience and comfort.
• (1) Three-Bedroom/One-Bath Unit: Perfect for families or groups, providing ample living space.
• (1) Studio Unit: A desirable option for young professionals or students looking for affordability and location.

Location Advantages
Situated in a vibrant and growing area of Los Angeles, 5700 Van Ness offers numerous benefits for tenants, which translates into consistent demand for rental units.