1240 4th Ave | Los Angeles, CA 90019
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This Multifamily Property is no longer advertised on LoopNet.ca.
1240 4th Ave
Los Angeles, CA 90019
Delphene Manor-5% Cap and 11 GRM With Upside · Multifamily Property For Sale
·
30 Units

INVESTMENT HIGHLIGHTS
- 30 Units Priced to Sell at 11.2 GRM and a 5% Cap Rate
- Character Property in Country Club Park
- Major Recent Renovations & Upgrades
- Massive Remaining Rental Upside
- Two Approved ADU Units
PROPERTY FACTS
| No. Units | 30 | Building Size | 17,961 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | Parking Ratio | 0.17/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 17,961 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1928 |
| Parking Ratio | 0.17/1,000 SF |
| Zoning | LARD1.5 |
AMENITIES
SITE AMENITIES
- Vintage Building
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 24 | $1,118 | 350 - 450 |
| 1+1 | 6 | $1,447 | 650 |
PROPERTY TAXES
| Parcel Number | 5081-014-018 | Improvements Assessment | $2,376,470 |
| Land Assessment | $3,574,731 | Total Assessment | $5,951,201 |
PROPERTY TAXES
Parcel Number
5081-014-018
Land Assessment
$3,574,731
Improvements Assessment
$2,376,470
Total Assessment
$5,951,201
Listing ID: 28363809
Date on Market: 2023-05-01
Last Updated:
Address: 1240 4th Ave, Los Angeles, CA 90019
The Arlington Heights Multifamily Property at 1240 4th Ave, Los Angeles, CA 90019 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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