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Listed by Brett Dalton Lyon • Lyon Stahl Investment Real Estate, Inc.
$ 1,499,000
Est. payment /mo
New
7119 Kittyhawk Avenue Los Angeles, CA 90045
4,174 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 4,174 sqft
Price per Sqft $359
MLS Listing ID SB-25140394
Year Built 1949
Lot Size 6,873 Sqft
Property Sub-Type Commercial/Residential
Property Description
7119 Kittyhawk Ave is a well maintained 5-Unit situated in the residential neighborhood of Westchester. The property boasts (2) 2-bed/1-bath units and (3) 1-Bed/1-Bath Units with a detached 5-Car Garage on the premises that offers back alley access. The building consists of 4,174 RSF of living space priced at $359/SF and only $299,800 per unit. There is potential for 31% rental upside with the current cap rate of 4.49% and a market cap rate of 6.72%. The property is in a desirable position with close proximity to LAX, Howard Hughes Shopping Center, Playa Del Rey Beach, and the Loyola Marymount University Campus. With its great location, sizeable living space, and potential upside, 7119 Kittyhawk Ave is an excellent investment opportunity for any Los Angeles CRE Investor or exchange buyer.
Location
State CA
County Los Angeles
Area C29 - Westchester
Zoning LAR3
Interior
Laundry Common Area
Exterior
Parking Features Garage
Garage Spaces 5.0
Pool None
Community Features Biking
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944