5810 San Vicente Blvd, Los Angeles, CA 90019
5810 San Vicente Blvd, Los Angeles, CA 90019
5810 San Vicente Blvd, Los Angeles, CA 90019
5810 San Vicente Blvd, Los Angeles, CA 90019
5810 San Vicente Blvd, Los Angeles, CA 90019
5810 San Vicente Blvd, Los Angeles, CA 90019
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$ 4,250,000
Est. payment | /mo

15 Beds

14 Baths

10,147 SqFt


Save
$ 4,250,000
Est. payment | /mo
Save

15 Beds

14 Baths

10,147 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,147 sqft

Price per Sqft $418

MLS Listing ID 26880445

Bedrooms 15

Year Built 1958

Lot Size 9,325 Sqft

Acres 0.2141

Property Sub-Type Multi-Family

Property Description

5810 San Vicente Boulevard, "The Wick", is a meticulously maintained fourteen-unit property comprised of (2) studios, (9) one bed-one bath, and (3) two bed-one bath units. Built in 1958, the property has had extensive capital improvements and renovations completed within the last 5 years, allowing new ownership to take advantage of a well stabilized, cash flowing asset. Improvements include 12/14 units remodeled, completed soft story retrofit, and new plumbing and electric. The Wick is priced at a 7.00% cap rate and 9.90 GRM with an upside to an 8.52% cap rate and upside to a 8.77 GRM at market rents. In addition, the property has eight parking spaces and storage that can be rented for additional income.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Baseboard

Cooling Wall/Window

Equipment Dishwasher

Exterior

Parking Features Assigned

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Dover Management Corp.

Nearby Locations

Chakits Krulsawat
Chakits Krulsawat

Buyer and Sales Specialist RE.Lic# S.0168764

+1(702) 319-1092 | chakits.k@gmail.com

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5810 San Vicente Blvd