CA > Los Angeles
Los Angeles, CA 90034,11150 Regent ST
Los Angeles, CA 90034,11150 Regent ST
Los Angeles, CA 90034,11150 Regent ST
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$2,750,000
Est. payment /mo
0.26 Acres Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25598101

HOA Y/N No

Year Built 1954

Lot Size 0.264 Acres

Property Description

Welcome to 11150 Regent St., a remarkable 12-unit apartment building nestled in the highly sought-after Palms area of Los Angeles, boasting a vibrant community and endless investment potential. This prime property presents a golden opportunity for astute investors seeking to expand their portfolio in the thriving Los Angeles real estate market. With its desirable features and strategic location, this multifamily gem is poised to deliver impressive returns. Spanning an impressive 8,620 square feet, this apartment building is situated on an expansive 11,514 square foot lot, offering ample space for residents to enjoy. The attractive 13.7 gross rent multiplier and 5.2% cap rate highlight the property's exceptional income potential.With a monthly net operating income of $12,915, this investment promises lucrative returns that are sure to capture the attention of discerning buyers. RECENT UPGRADED ELECTRICAL PANEL 9/25 and ROOF MAINTENANCE AND REPAIR 8/25.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Fireplace No

Exterior

Total Parking Spaces 10

Building

Story 2

Others

Tax ID 4252001001

Special Listing Condition Standard

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CRMLS – RECore
Listed by Finneus Egan Compass
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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