716 Mcdonald Ave Los Angeles, CA 90744
- Commercial real estate
- 3,900 SF
Current Use by Public Records
- Commercial real estate
Property Details for 716 Mcdonald Ave
- Year built
- 1955
- Property size
- 3,900 SF
- Property type
- Commercial real estate
Description
This exceptional four-unit apartment building presents a compelling investment opportunity in the desirable Los Angeles, CA market. Located at 716 McDonald Ave, 90744, this property boasts a total of 3,900 square feet of net rentable space, situated on a 6,201 square foot lot. Built in 1955, the building offers a mix of unit sizes, including two- and three-bedroom, one-bathroom units, and two-bedroom, one-bathroom units. The asking price is $1,100,000, translating to $275,000 per unit and $282.05 per square foot. This well-maintained property offers significant upside potential for rental income. The property is offered fee simple, providing complete ownership. Its location in Los Angeles County offers convenient access to local amenities and transportation. This is an excellent opportunity for investors seeking a stable, cash-flowing multifamily asset with potential for future appreciation in a thriving market. The property's strong unit mix and well-maintained condition make it an attractive investment for both seasoned and new investors. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.27147973381
- Latitude
- 33.778577727302
