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1818 S La Brea Ave
Los Angeles, CA 90019
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Turn-Key Units. Move right in.
- Growing Neighborhood
- Room for Improvements- ADU(s), Units
Executive Summary
Turn-Key 5 Unit apartment building. 4 units with 2BR/1BA and a studio in the rear with 3/4 bath and mini kitchen. Each unit has been updated and/or maintained with features such as stainless steel appliances, granite counter tops, wood flooring, recessed lighting, sconces, double pane windows and all the 2BR units have central AC/Heat and stack-able washer/dryer! Outside of being a turn key investment it has potential for value-add improvement such as room for adding a second bathroom to the 2BR units and with a generous lot size there is plenty of room for a ADU(s). 2 units may be vacant at COE.
Property Facts
| Price Per Unit | $366,782 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 6.78% | Building Size | 4,076 SF |
| Gross Rent Multiplier | 10.2 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | Parking Ratio | 2.94/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | LAR3 - R3-1-0.Medium residential. TOC tier 2. | ||
| Price Per Unit | $366,782 CAD |
| Sale Type | Investment |
| Cap Rate | 6.78% |
| Gross Rent Multiplier | 10.2 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,076 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 2.94/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAR3 - R3-1-0.Medium residential. TOC tier 2. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Range
Site Amenities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,975 CAD | 350 |
| 2+1 | 4 | $8,464 CAD | 925 - 3,700 |
Property Taxes
| Parcel Number | 5067-013-026 | Improvements Assessment | $630,680 CAD |
| Land Assessment | $1,471,589 CAD | Total Assessment | $2,102,269 CAD |
Property Taxes
Parcel Number
5067-013-026
Land Assessment
$1,471,589 CAD
Improvements Assessment
$630,680 CAD
Total Assessment
$2,102,269 CAD
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