Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1972
Sq.Footage
N/A
Located in the coveted Faircrest Heights Neighborhood of Los Angeles this beautifully maintained, turnkey investment, with recent upgrades to interiors and exterior competitively offered at a 4.22% Cap Rate and 14.62 GRM. Located in the Faircrest Heights which was named #3 of the Top 10 Hottest Neighborhoods in America. The property is well situated between La Cienega Blvd. and Fairfax Ave. and is just south of Pico Blvd. The 1400 Block of Hi Point Street has witnessed an influx of high-end residential development and the property is located across from the "Crest Five" and "Faircrest Collection" luxury housing developments. Homes on the block are trading for $550/SF and Development Land is trading for $140k/Door. 1454 Hi Point is located within minutes of city's top employers, business districts, entertainment and shopping centers, recreation sites, the city's major thoroughfares, and the long-awaited Metro Purple Line Extension from DTLA to the Westside.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.195
-
Property Type
Residential Income
Price
-
Sales Price
$2,069,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Kristy Elaine , Beitler Commercial Realty Serv
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