214-218 S Ave 18

The Tuvia Group successfully closed 214–218 S Avenue 18, a four-unit multifamily property in Los Angeles, for $994,000. The property traded at $248,500 per unit and $481.12 per square foot, providing the buyer with a 6.50% current cap rate and meaningful upside to a 7.79% pro forma cap rate. With projected cash-on-cash returns approaching 10%, the acquisition offered an attractive combination of strong day-one income and future growth potential.