





Listing Agent: David Miller
Listing Office: Miller & Desatnik Realty Co.
Attribution contact: 323-948-7507
Description
14258 Dickens Street presents an 11-unit multifamily investment opportunity featuring a well-maintained mid-1950s apartment building with solid structural fundamentals and clear repositioning potential.The property generates stable in-place income at an 11.87 GRM and 4.55% cap rate, equating to approximately $250,000 per unit and $503 per square foot.Significant upside exists through the implementation of a strategic renovation program focused on upgrading interior finishes and modernizing units while preserving the building's character. The asset offers a straightforward value-add opportunity through interior improvements and rent optimization in a consistently strong rental submarket.
Location
Listed By
Co-Listing Agent
Errol Spiro
Miller & Desatnik Realty Co.
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