Great Cash Flow! 6.51% Cap Rate and 10.78 GRM! 187 W 41st Pl is a massive 7 unit Multifamily property located just steps from USC. This fully renovated asset operates at a 6.51% Cap Rate and 10.78 GRM offering any investor with strong cash flow, and close to 12% in additional rental upside! The subject property boasts an excellent unit mix of (2) 1-Bed/1-Bath, (1) 2-Bed/2-Bath, and (4) 3-Bed/1- Bath units. With 6,558 rentable Sq. Ft, these large units feature washer/dryer in unit, in-wall A/C and central heating. 187 W 41st Pl is located just minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art's district, The Reef, Banc of California Stadium, and LA LIVE, as well as billions of dollars worth of development pouring into DTLA.
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Listing Agent: Aaron Jacobson
Listing Office: Lyon Stahl Investment Real Estate, Inc.
Attribution contact: 310-425-9838