This property is Off-Market

3919 W 8th Street
Los Angeles, CA 90005 ·

12 Units · Multifamily For Sale

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Multifamily Property For Sale

Price N/A Cap Rate 5.35%
No. Units 12 Gross Rent Multiplier 12.76
Building Size 11,057 SF No. Stories 3
Property Type Multifamily Year Built 1940
Property Sub-type Garden/Low-Rise Lot Size 9,635 SF
Property Use Type Investment
Listing ID: 17333743 Date Created: 09/15/2011 Last Updated: 10/02/2012

Description

* Historic building designed in "Streamline Moderne" style
* Mills Act ensures that property taxes remain low, increasing net income

* Centrally located, close to Downtown, Hancock Park, Mid-Wilshire, Hollywood

Highlights

  • Great unit mix with two 2+2 penthouse units with rooftop decks!
  • Subterranean parking for 14 cars side by side
  • Large, light and bright units have hardwood floors, crown moldings & original tile
  • Separately metered for gas & electricity
  • Great original details in all units like Crown molding, original hardwood floors, original title in kitchen and bathrooms.
  • Community laundry room (leased)

Research

3919 W 8th Street, Los Angeles, CA 90005 (Los Angeles County)

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