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212 E 29th St, USC Adj.
USC Adj. 2024 5-Unit, 6 Garage Spaces, 3 Exterior Spaces, Opportunity Zone, Whopping 6.38% Cap Rate
$2,995,000
Description
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 6.38% cap rate and $247,200 in yearly gross rent!
Overview
Lot (sq ft):
6252
Price:
$2,995,000
Important Details
Metro Area County:
Los Angeles
Specific Area:
USC
No Of Units:
5
Opportunity Zone:
Yes
Cap Rate:
6.38%
Gross Rent Multiplier:
12.12
Income Pro Forma:
$247,200
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:
Yes
Green Certified:
Yes
Location
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