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5735 Camerford Ave
Los Angeles, CA 90038
Multifamily Property For Sale
·
6 Units
Investment Highlights
- First time on market in nearly 50 years
- Garden style building with separate front and rear entrances for every unit
- Separately metered for gas and electric, individual water heaters
- Six (6) large 1-bedrooms
- Onsite laundry and six (6) parking spaces
Executive Summary
JNM Realty proudly presents, on an exclusive basis, 5735 Camerford Ave, a six (6) unit apartment building two blocks from Larchmont Village that has been well maintained and strategically improved. It's the first time being listed for sale in nearly 50 years.
The property features six large, one-bedroom, one-bathroom units. They feature original hardwood flooring, 1920s chandeliers, barrel vault entryways, and cove ceiling finishes. There is a laundry room onsite along with six (6) detached covered parking spaces. The occupied units offer a stable operational foundation with approximately 38% upside to Rents.
This transaction is subject to Probate Court confirmation and approval as a result of that Court's ongoing supervision of the Seller/Trust.
All offers are encouraged. Please call Demis at (310) 270-6616 to discuss further.
The property features six large, one-bedroom, one-bathroom units. They feature original hardwood flooring, 1920s chandeliers, barrel vault entryways, and cove ceiling finishes. There is a laundry room onsite along with six (6) detached covered parking spaces. The occupied units offer a stable operational foundation with approximately 38% upside to Rents.
This transaction is subject to Probate Court confirmation and approval as a result of that Court's ongoing supervision of the Seller/Trust.
All offers are encouraged. Please call Demis at (310) 270-6616 to discuss further.
Property Facts
| Price Per Unit | $411,974 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.01% | Lot Size | 0.15 AC |
| Sale Condition | 1031 Exchange | Building Size | 7,336 SF |
| Gross Rent Multiplier | 14.28 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1926 |
| Property Type | Multifamily | Parking Ratio | 0.82/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | LAR3 - Multiple Residential | ||
| Price Per Unit | $411,974 CAD |
| Sale Type | Investment |
| Cap Rate | 4.01% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 14.28 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,336 SF |
| No. Stories | 2 |
| Year Built | 1926 |
| Parking Ratio | 0.82/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAR3 - Multiple Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Number | 5534-033-021 | Improvements Assessment | $228,285 CAD |
| Land Assessment | $416,330 CAD | Total Assessment | $644,615 CAD |
Property Taxes
Parcel Number
5534-033-021
Land Assessment
$416,330 CAD
Improvements Assessment
$228,285 CAD
Total Assessment
$644,615 CAD
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