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1231 Devon Ave
Los Angeles, CA 90024
Multifamily Property For Sale
·
3 Units


Executive Summary
Incredibly well-maintained 3plex in Prime Westwood. Unit mix of 2-2Bd/1Ba and 1-1Bd/1Ba. Detached garages could be ideal ADU. Situated on quiet street walking distance to UCLA, Century City, Westwood Village, shops, restaurants, entertainment, schools, houses of worship, and more! What an amazing opportunity to acquire a multi-unit property in this area for this price. Buyer to independently verify square footage and zoning.
Property Facts
| Price Per Unit | $902,749 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 3% | Building Size | 3,195 SF |
| Gross Rent Multiplier | 2.7 | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1947 |
| Property Subtype | Apartment | Parking Ratio | 0.94/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LARD1.5 - Restricted Density Multiple | ||
| Price Per Unit | $902,749 CAD |
| Sale Type | Investment |
| Cap Rate | 3% |
| Gross Rent Multiplier | 2.7 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 3,195 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1947 |
| Parking Ratio | 0.94/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple |
Amenities
Unit Amenities
- Washer/Dryer Hookup
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 3,195 |
| 2+1 | 2 | - | 3,195 |
Property Taxes
| Parcel Number | 4327-012-001 | Improvements Assessment | $72,558 CAD |
| Land Assessment | $182,316 CAD | Total Assessment | $254,874 CAD |
Property Taxes
Parcel Number
4327-012-001
Land Assessment
$182,316 CAD
Improvements Assessment
$72,558 CAD
Total Assessment
$254,874 CAD
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