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2211 S Genesee Ave 8 Unit Apartment Building $4,540,255 CAD ($567,532 CAD/Unit) 5.13% Cap Rate Los Angeles, CA 90016
Executive Summary
Possible opportunity zone, central location for easy access to public transportation and freeways. 2 separate buildings, easy to manage, not requiring an onsite manager.
Property Facts
| Price | $4,540,255 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $567,532 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.38 AC |
| Cap Rate | 5.13% | Building Size | 8,820 SF |
| Gross Rent Multiplier | 13 | Average Occupancy | 98% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment | Parking Ratio | 1.81/1,000 SF |
| Zoning | PF, Los Angeles | ||
| Price | $4,540,255 CAD |
| Price Per Unit | $567,532 CAD |
| Sale Type | Investment |
| Cap Rate | 5.13% |
| Gross Rent Multiplier | 13 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 8,820 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.81/1,000 SF |
| Zoning | PF, Los Angeles |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 525 |
1 1
Walk Score®
Very Walkable (71)
Property Taxes
| Parcel Number | 5064-029-001 | Improvements Assessment | $272,523 CAD |
| Land Assessment | $1,090,123 CAD | Total Assessment | $1,362,646 CAD |
Property Taxes
Parcel Number
5064-029-001
Land Assessment
$1,090,123 CAD
Improvements Assessment
$272,523 CAD
Total Assessment
$1,362,646 CAD
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Videos
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Photos
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Presented by
Manfield & Associates
2211 S Genesee Ave
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