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17 Units in Highland Park | 1 Block S of Fig 217 S Avenue 54 17 Unité Immeuble d’appartements 4 118 400 $ CAD (242 259 $ CAD/Unité) 5,14% Taux de capitalisation Los Angeles, CA 90042
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Faits saillants de l'investissement
- Eric Dilanian and The Dilanian Real Estate Advisors are Pleased to Present this 43-Unit Highland Park Apartment Portfolio, Comprised of 3 Buildings!
- Built in 1964 | 13,223 Square Foot Building | ±15,316 Square Feet of Land | Zoned RD2-1
- Offered for sale for the first time in ± 17 years
- Building 2 of 3: 217 S Avenue 54 | 17 Units in a Prime Location | 1 Block South of Famous Figueroa | Attached ADU Potential
- Excellent Unit Mix Consisting of Nine (2+1) units, Seven (1+1) units, and One (0+1) unit
- Walk Score of 88 (“Very Walkable”): Steps to Gold Line and neighborhood favorites including Highland Park Bowl, Kitchen Mouse Café, HomeState, Civil
Résumé de l'annonce
Eric Dilanian with The Dilanian Real Estate Advisors, as part of RE/MAX Commercial & Investment Realty, is proud to present an extremely rare 43-Unit Portfolio opportunity in Highland Park – one of LA’s hottest and sought after sub-markets:
217 S Avenue 54, a 17 Unit Mid-Century Building, is 1 of 3 Assets which is offered either individually or as part of the portfolio. Strategically located just one block from Figueroa Street and at the epicenter of Highland Park’s most vibrant retail and dining corridor, the property was built in 1964 and features ±13,223 Square Foot building situated on ±15,316 Square Feet of land, zoned RD2-1. The property boasts an excellent unit mix consisting of nine (2+1) units, seven (1+1) units, and one (0+1) unit.
Offered for sale for the first time in ± 17 years, the asset presents a value-add opportunity with a compelling basis and potential to further enhance returns through rental upside and multiple ADU additions. With a Walk Score of 88 (“Very Walkable”), residents can accomplish most errands on foot and enjoy immediate access to the Gold Line and neighborhood favorites including Highland Park Bowl, Kitchen Mouse Café, HomeState, Civil Coffee, The Arroyo Club, Mendocino Farm, Villas Tacos, and Jeni’s Ice Cream.
ASSET 2 OF 3: 5629 MONTE VISTA ST | 90042 (12 UNITS) – See Listing Details
ASSET 3 OF 3: 820 CHESTNUT AVE | 90042 (14 UNITS) – See Listing Details
**DISCLOSURE:** Buyers are advised to conduct independent thorough due diligence, including but not limited to verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly.
**DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **
217 S Avenue 54, a 17 Unit Mid-Century Building, is 1 of 3 Assets which is offered either individually or as part of the portfolio. Strategically located just one block from Figueroa Street and at the epicenter of Highland Park’s most vibrant retail and dining corridor, the property was built in 1964 and features ±13,223 Square Foot building situated on ±15,316 Square Feet of land, zoned RD2-1. The property boasts an excellent unit mix consisting of nine (2+1) units, seven (1+1) units, and one (0+1) unit.
Offered for sale for the first time in ± 17 years, the asset presents a value-add opportunity with a compelling basis and potential to further enhance returns through rental upside and multiple ADU additions. With a Walk Score of 88 (“Very Walkable”), residents can accomplish most errands on foot and enjoy immediate access to the Gold Line and neighborhood favorites including Highland Park Bowl, Kitchen Mouse Café, HomeState, Civil Coffee, The Arroyo Club, Mendocino Farm, Villas Tacos, and Jeni’s Ice Cream.
ASSET 2 OF 3: 5629 MONTE VISTA ST | 90042 (12 UNITS) – See Listing Details
ASSET 3 OF 3: 820 CHESTNUT AVE | 90042 (14 UNITS) – See Listing Details
**DISCLOSURE:** Buyers are advised to conduct independent thorough due diligence, including but not limited to verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly.
**DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **
Faits sur la propriété
| Prix | 4 118 400 $ CAD | Style d’appartement | De faible hauteur |
| Prix par unité | 242 259 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,35 AC |
| Taux de capitalisation | 5,14% | Taille du bâtiment | 13 223 pi² |
| Multiplicateur du loyer brut | 10.76 | Nombre d’étages | 2 |
| Nombre d’unités | 17 | Année de construction | 1959 |
| Type de propriété | Immeuble residentiel | Ratio de stationnement | 1,36/1 000 pi² |
| Sous-type de propriété | Appartement | ||
| Zonage | RD2 | ||
| Prix | 4 118 400 $ CAD |
| Prix par unité | 242 259 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,14% |
| Multiplicateur du loyer brut | 10.76 |
| Nombre d’unités | 17 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,35 AC |
| Taille du bâtiment | 13 223 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1959 |
| Ratio de stationnement | 1,36/1 000 pi² |
| Zonage | RD2 |
Commodités
Commodités des unités
- Climatisation
- Chauffage
- Cuisine
- Four
- Fourchette
Commodités du site
- Installations de lessive
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+1 | 9 | - | - |
| 1+1 | 7 | - | - |
| Studios | 1 | - | - |
1 1
Moyennement praticable à pied
60/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun relativement accessibles
40/100
Moyennement praticable en vélo
60/100
Impôts fonciers
| Numéro de lot | 5468-013-039 | Évaluation des bâtiments | 886 013 $ CAD |
| Évaluation du terrain | 1 417 629 $ CAD | Évaluation totale | 2 303 642 $ CAD |
Impôts fonciers
Numéro de lot
5468-013-039
Évaluation du terrain
1 417 629 $ CAD
Évaluation des bâtiments
886 013 $ CAD
Évaluation totale
2 303 642 $ CAD
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17 Units in Highland Park | 1 Block S of Fig | 217 S Avenue 54
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