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1716 Winona Avenue - 1716 Winona Avenue 5 Unit Apartment Building Offered at $3,273,220 CAD at a 5.10% Cap Rate Los Angeles, CA 90027
Investment Highlights
- Spacious 2 Bedroom Units & 3 Bedroom House
- Onsite Parking
- Opportunity for Owner-User
- Immense Value Add Potential
- Large Lot Size
Executive Summary
CBRE, Inc. is pleased to present 1716 Winona Blvd, a well-located multifamily property in the highly desirable Los Feliz neighborhood of Los Angeles. Situated between Prospect Avenue and Ambrose Avenue, with proximity to the Golden State Freeway, this property offers an excellent entry point for investors in the Los Angeles market.
These two story buildings, constructed in 1921 / 1941, features a fourplex in addition to a single-family residence on an LARD3 zoned lot. Residents benefit from a vibrant surrounding community, with immediate access to a wide array of dining, grocery, and retail options along Vermont Avenue and Hillhurst Avenue, as well as convenient access to major thoroughfares connecting to Silverlake, Hollywood, and Griffith Park. The property’s location in Los Feliz provides strong tenant demand given the neighborhood’s cultural amenities, tree-lined streets, and proximity to entertainment industry hubs.
These two story buildings, constructed in 1921 / 1941, features a fourplex in addition to a single-family residence on an LARD3 zoned lot. Residents benefit from a vibrant surrounding community, with immediate access to a wide array of dining, grocery, and retail options along Vermont Avenue and Hillhurst Avenue, as well as convenient access to major thoroughfares connecting to Silverlake, Hollywood, and Griffith Park. The property’s location in Los Feliz provides strong tenant demand given the neighborhood’s cultural amenities, tree-lined streets, and proximity to entertainment industry hubs.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $3,273,220 CAD | Lot Size | 0.24 AC |
| Price Per Unit | $654,644 CAD | Building Size | 7,996 SF |
| Sale Type | Investment | Average Occupancy | 60% |
| Cap Rate | 5.10% | No. Stories | 2 |
| No. Units | 5 | Year Built/Renovated | 1921/1941 |
| Property Type | Multifamily | Parking Ratio | 1.25/1,000 SF |
| Zoning | LAR3 | ||
| Price | $3,273,220 CAD |
| Price Per Unit | $654,644 CAD |
| Sale Type | Investment |
| Cap Rate | 5.10% |
| No. Units | 5 |
| Property Type | Multifamily |
| Lot Size | 0.24 AC |
| Building Size | 7,996 SF |
| Average Occupancy | 60% |
| No. Stories | 2 |
| Year Built/Renovated | 1921/1941 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Large Bedrooms
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | 1,350 |
| 3+2 | 1 | - | 2,500 |
1 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (73)
Property Taxes
| Parcel Number | 5544-012-040 | Improvements Assessment | $682,205 CAD |
| Land Assessment | $1,569,072 CAD | Total Assessment | $2,251,277 CAD |
Property Taxes
Parcel Number
5544-012-040
Land Assessment
$1,569,072 CAD
Improvements Assessment
$682,205 CAD
Total Assessment
$2,251,277 CAD
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1716 Winona Avenue - 1716 Winona Avenue
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