Asking Price: $2,650,000 | ​​​​​​​

602 W 75th is a 16 unit apartment building in South LA, south of Florence, between Vermont and the 110 Freeway. The subject property offer an investor a great unit mix consisting of (11) 1 Bed/1 Bath, (4) 2 Bed/1 Bath, and (1) 3 Bed/1 Bath units. There is excellent day 1 cash flow being offered at a 9.16% cap rate and 6.66 GRM. The total gross leasable area of the building is 10,032 square feet and sits on a 7,002 square foot lot zoned LAR3. The two story, center hallway apartment building is wood frame stucco construction and the units are subject to LARSO. The front of the property offers a private landscaped space secured with a front gate.