2219 & 2221 Wall Street, Los Angeles, CA 90011

WALL STREET MANOR

PRICE: 

Price / SF:

$3,425,000

$316.40

Year Built: 

1929

APN: 

5127-014-004, 005

Building Area: 

Land Area: 

Proforma Cap Rate

12,729 SF

17,914 SF

LARD2 - TOC Teir 3

Status: 

ACTIVE

In 2018 Approximately $350,000 of Capital Improvements were Completed with Every Unit Being Taken Down to the Studs and Re-Done, as Well as Bracing the Foundation, Adding a New Commercial Grade Water Heater, New Windows Entirely Throughout, and New Concrete was Done at 2221.

Approximately 40% Rental Upside - Proforma CAP Rate of 6.04%, GRM of 9.84 and Cash-on-Cash Return of 8.57%