Mansions Collection - Luxury Homes Real Estate Collection
MLS: 24-349441

1738 Kelton Ave, Los Angeles, CA 90024

Priced at: $3,995,000
Bedrooms:
16
Bathrooms (Full):
0
Bathrooms (Half):
0
Living Area SqFt:
4,925 Sq Ft
Lot SqFt:
6,835 Sq Ft
Year Built:
1936
Rare Student Housing Investment Opportunity in Westwood 1.5 Miles from UCLA. Four Units, 16 Bedrooms, Fully Furnished. Turnkey, Stabilized Asset at a 6.07% CAP Rate on Current Income. Rare student housing investment opportunity in a prime Westwood location Recently renovated duplex and two newly built ADU's with in unit washers and dryers.16 fully furnished and fully occupied bedrooms. Units are rented by the bedspace. Opportunity for higher rents in the peak summer quarter. Strong in-place cash flow 6.07% CAP rate and 12.00 GRM. Walking distance to Westwood Village, UCLA campus, and local amenities. Amenities include Bristol Farms, 99 Ranch Market, Equinox Westwood, Whole Foods, and Sprouts Farmers Market. Unique opportunity student housing investments rarely come available in Westwood.
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Features

Equipment/ Appliances:
  • None
Parking:
  • None
MLS: 24-349441
1738 Kelton Ave, Los Angeles, CA 90024
Price: $3,995,000
Listing courtesy of Marcus & Millichap.

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Oral representations cannot be relied upon as correctly stating representations of the developer. For correct representations, make reference to the purchase agreement and to the documents required by Section 718.503, Florida statutes, to be furnished by a developer to a buyer or lessee. In the interest of continuous product improvements and to meet changing market conditions, the builder reserves the right to modify maps, floorplans, exterior, specifications, features, prices and product types without prior notice or obligation. Some features may vary from plan to plan. All maps, plans, and elevations renderings are artist’s conceptions and not necessarily to scale. All square footages are approximate - room sizes may vary from square footages as shown on the floorplan. Landscape will vary as to maturity, number and species and from floorplan to floorplan.

William PD Pierce Luxury Realestate
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