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1244 Leighton Ave, USC
USC Adj. 2024 6-Unit W/ Master Lease @ 6.03% Cap Rate, 4 Garage Spaces, 6 Exterior Spaces, Master Lease Secured at 6.02% Cap Rate, Opportunity Zone
$3,750,000
Description
MASTER LEASE SECURED AT 23,500/mo RENT! OPPORTUNITY ZONE 2024 3-story townhome-style new construction 5-unit located minutes from Exposition Park & moments from the USC Campus! With an ideal location that attracts both master lease & individual renters (USC students especially!), we project an outstanding 5.56% cap rate!
Overview
Lot (sq ft):
7815
Price:
$3,750,000
Important Details
Metro Area County:
Los Angeles
Specific Area:
USC
No Of Units:
6
Opportunity Zone:
Yes
Cap Rate:
6.02%
Gross Rent Multiplier:
13.3
Income Pro Forma:
$282,500
Vacant:
Yes
Leased At Market:
Yes
Accessory Dwelling Unit:
Yes
Large Lot:
Yes
Permits Ready:
Yes
Seller Financing:
Yes
Low Interest Loan:
Yes
Off Market:
No
Green Certified:
Yes
Unit Details
-
1st floor
- 4 bedrooms
- 2 bathrooms
Price: $4000Rent Price: $4000Price per square feet: $123Unit Size: 123Unit Status: activeLocationWrite A Review0 Reviews0 out of 5
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