11660 Texas Avenue, West Los Angeles
9 Units, 11,562 SF Bldg, 7,019 SF Lot
3.55% Cap rate, 17.06 GRM, $415 per foot
Eric Sackler & Associates is pleased to present an ideal investment opportunity for these changing times – a well-located apartment building in a very strong rental submarket with significant upside. 11660 Texas Avenue, a charming 9-unit apartment building is located on a corner in West LA, just south of Brentwood.
Each unit averages over 1,280 square feet – a high-demand unit size for many tenants who work from home. The building’s amenities include subterranean parking, controlled access entry, laundry room, large facilities room, private patios & elevator. It’s situated in close proximity to transportation as well as to Brentwood and West LA shopping, entertainment, schools & markets.
With its high-demand location, large rental upside and attractive unit layouts, 11660 Texas Avenue is well-positioned to capture high rents at landlord-favorable terms, and represents an advantageous long-term investment opportunity.
• Charming 9-unit building near Wilshire Blvd & Barrington Ave
• Ideal West LA location adjacent to Brentwood
• Close proximity to shopping, entertainment & transportation
• Large Units – Approx. 1,280 sq. ft. each
• Amenities include subterranean parking, controlled access entry, laundry room
• Great rental upside
• Corner lot and a very well-cared for building
Contact Listing Agents for full Offering Memorandum