Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1923
Sq.Footage
3,090
We are pleased to present a six (6) unit apartment building located at 5217 Denker Avenue in Los Angeles, California. The subject property is located in a solid South Los Angeles location, west of Normandie Avenue and north of Slauson Avenue. This fully turn-key multifamily asset is located in a solid South Los Angeles neighborhood. Offering a strong initial cash flow with an impressive 8.34% cap rate, the property features a streamlined unit mix of all one-bedroom units, each of which has been fully renovated. Significant capital improvements include brand new copper piping, new sewer and gas lines, updated electrical subpanels and wiring, and new wood framing with modern drywall. The gated and secure property also provides four on-site garages, presenting an excellent opportunity for ADU conversion under SB1211. With dominant access to major commercial corridors such as Normandie Ave, Slauson Ave, and Western Ave, as well as proximity to the 110 Freeway and Harvard Park, this asset benefits from strong connectivity and livability. This rare combination of a strong 8.34% cap rate and extensive recent capital improvements makes this a compelling investment opportunity with immediate cash flow and long-term value appreciation.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1424
-
Property Type
Residential Income
Price
-
Sales Price
$1,300,000
-
Sq. Footage
3, 090
-
Price/SqFt
$420
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Jason Tuvia , Marcus & Millichap
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

FOUNDER
LinaMirza
Call Lina today to schedule a private showing.

* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
