12 Units on Holt Ave.
1145 S Holt
Los Angeles, CA 90035


For Sale $3,350,000
Status Current
Ellana Ellis310-806-6127
Fariba Kavian310-440-8500
<em>View fronting Holt</em><br/>Photo 1 of 1

Property Overview

Land SF/$ Per12,807 / $261.58
Acres/$ Per-/-
Property UseAny
ZoningLAR3
Parcel Number4332-023-011
T, R, S-, -, -
Land Size12,807 sf
Bld SF/$ Per9,884 / $338.93
# of Buildings1
# of Units12
# of Stories2
Cap Rate4.10%
Vacancy2

Property Description

A 12-unit apartment complex situated on a 12,807 square foot lot. Built in 1956 the property offers a great UNIT MIX of: (4) 2 BR+2 BTH, (6) 1 BR+1 BTH, (2) SINGLES. A well-positioned and well-maintained property with full occupancy, 12 garage parking spaces and on-site laundry facility.

Area Description

Located near the corner of LaCienega and Pico Boulevards, the property is in the heart of Los Angeles and is walking distance to a thriving set of shops, restaurants and entertainment centers, as well as Beverly Hills. Also in close proximity of the Santa Monica (10), Hollywood (101), and San Diego (405) Freeways.

Property Features

  1. Prime Location Near La Cienaga and Pico Blvds.
  2. Well Maintained Property with Ease of Management
  3. Upside Potential in Rents
  4. Individually Metered for both Gas and Electric
  5. New Roof

Financial Overview

List Price$3,350,000.00
Down Payment-
Cap Rate4.10%
Cash on Cash-
Financial Terms-
Consider ExchangeN/A or Unknown

Cash Flow

CF TypeActual
Year-
Scheduled Gross$176,037.00
Reimbursement-
Vacancy2
Effective Gross$175,294.00
Operating Expenses$37,826.00
Operating Income$137,468.00
Debt Service-
Capital Costs-
Cash Flow (pre-tax)-

Debt Information

Debt Type-
Debt Service-
Principal-
Interest Rate-
Amortization-
Due-
Loan Description-

General Property Information

Property UseAny
Land SF12,807 sf
Land Acres0.294 acres
Building SF9,884
Bld SF/$ Per9,884 / $338.93
# of Buildings1
# of Units12
# of Stories2
Free StandingYes
Year Built-
Built Yet-
Building ClassA
ZoningLAR3
Parcel Number4332-023-011
Parking Description-
Broadband-
Gas-
Water-
Electric-

Listing Agents

Ellana Ellis
Ellana Ellis Retail Investment Sales Associate NAI - Capital (West Los Angeles, CA) 310-806-6127 310-440-8525 (Fax) www2.naicapital.com
Fariba Kavian
Fariba Kavian NAI - Capital (West Los Angeles, CA) 310-440-8500 310-440-8525 (Fax) www2.naicapital.com