Building Details

Year Built 1930

Listing Agency: KELLER WILLIAMS REALTY 455-0100 j***@gmail.com Show Phone

Listed By: Joyce Guidroz · License #995682077

Source: Dominionplace

Added: Aug 7 Changed: Aug 28 Last Checked: Aug 28 at 9:06PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY 455-0100

Investment Insights

Based on property information with market context.

This multifamily property includes 21 apartment units situated on a single lot. Nineteen units are currently rented, leaving two units available within the existing configuration. The property was built in 1930 and is located at 401, 403-421 W 121 St in Cut Off, Louisiana.

Key Highlights

• 21 apartment units on a single lot
• 19 of 21 units currently rented
• Two vacant units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Parking Lot & Garage Auto Parts Store Electrical Service Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21

Residential units

Location Intelligence

Trade Area within ½ mile

235

Businesses Nearby

Explore this area Business Placement

Demographics for 70345, LA

9,119

Population

3,683

Households

2.5

Avg Household Size

40

Median Age

16%

College-Educated

80%

High-School Grad

128.8 sq mi

ZIP Area

71

Density / Sq Mi

$59,474

Median Household Income

$36,266

Median Earnings

$732

Median Rent

$165,600

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Income-producing multifamily property with 21 units on one lot and two vacant units.

Where is this apartment building located?

The property is located at 401 403-421 W 121 St Cut Off, LA.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: 21 apartment units on a single lot; 19 of 21 units currently rented; Two vacant units