This remarkable 12-unit apartment building nestled in the highly sought-after Palms area of Los Angeles, boasting a vibrant community and endless investment potential.
Listed for $2,999,995
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Introducing 11150 Regent St., a remarkable 12-unit apartment building nestled in the highly sought-after Palms area of Los Angeles, boasting a vibrant community and endless investment potential. This prime property presents a golden opportunity for astute investors seeking to expand their portfolio in the thriving Los Angeles real estate market.
With its desirable features and strategic location, this multifamily gem is poised to deliver impressive returns. Spanning an impressive 8,620 square feet, this well-maintained apartment building is situated on an expansive 11,514 square foot lot, offering ample space for residents to enjoy. The attractive 13.7 gross rent multiplier and 5.2% cap rate highlight the property’s exceptional income potential.
With a monthly net operating income of $12,915, this investment promises lucrative returns that are sure to capture the attention of discerning buyers.
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