6178 Aldama Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90042
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,764 sqft
Price per Sqft $354
MLS Listing ID CL25616133
Year Built 2016
Lot Size 10,020 Sqft
Property Sub-Type Other
Property Description
Just Listed, The Aldama Collection is a five residence townhome multifamily property in prime Highland Park with strong in place income and minimal operating expenses. Set just off York Boulevard on a quiet tree lined street, the property includes a fully restored 1915 Craftsman at the front featuring coffered ceilings, hardwood floors, an open layout, and a private yard. Behind it sit four three story 2016 built townhome style residences offering large floor plans, open concept living, expansive decks with soaring views, ensuite bathrooms, and walk in closets. All units include hardwood flooring, in unit laundry, updated systems, private outdoor areas, and parking for two cars each with most spaces garage covered. Fully occupied at market rents, professionally managed, and located in one of the most sought after rental pockets in Northeast Los Angeles. The asset is offered at a 5.25 Cap rate on actuals. Offered for sale by the original developer owner, Nu Urban Residential LLC. Four of the five residences are newer construction, non RSO, and separately metered. Rarely vacant, easy to manage, and with no utilities paid by the seller, this five unit compound is a high demand trophy asset to add to any portfolio.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Other
Cooling Central Air
Flooring Tile,Carpet,Wood
Laundry Dryer,Washer
Exterior
Utilities Available Other Water/Sewer
View Y/N true
View City Lights,Mountain(s)
Building
Sewer Other
Water Other
New Construction No