1235 Exposition Blvd - The Rail Apartments 7 Unit Apartment Building Offered at $1,227,969 CAD at a 5.45% Cap Rate Los Angeles, CA 90007

The Mogharebi Group is proud to present for sale a seven-unit apartment community located adjacent to the University of Southern California (USC) campus. Constructed in 1962, the property consists of two studio units, one one-bedroom/one-bath unit, and four two-bedroom/one-bath units. The building totals approximately 4,306 square feet of improvements situated on a 6,480 square foot lot. The property is located within the USC Department of Public Safety (DPS) Patrol Zone.
Situated at 1235 Exposition Boulevard, the property is positioned on the north side of the street between Normandie Avenue and Vermont Avenue. The Exposition Light Rail line runs along Exposition Boulevard, with a nearby station within walking distance at Exposition Boulevard and Vermont Avenue. The property also benefits from its close proximity to the USC campus, the Lucas Museum of Narrative Art, the Natural History Museum of Los Angeles County, the Los Angeles Memorial Coliseum, and is just a short drive to Downtown Los Angeles.