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1108 Manzanita St
Los Angeles, CA 90029
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Located in the Best Location of Silver Lake
- Rare Opportunity for an Easy Value-Add Project in Prime Silver Lake
- Located Right Below Sunset Junction with Walkable Access Through a Lush Community Garden Featuring One of Silver Lake’s Secret Staircases
- Significant Rental Upside Potential - Over 14% Pro Forma Cap Rate
- Delivered with RTI Plans to ADD a 3-Bed/2.5-Bath ADU Unit & RTI Plans to Reconfigure All Existing 1-Bed Units into 2-Bed Units
- Four (4) Parking Spaces with Potential to Modify Fencing to Add More
Property Facts
| No. Units | 4 | Building Size | 2,436 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 1 |
| Building Class | C | Year Built | 1920 |
| Lot Size | 0.18 AC | Parking Ratio | 1.64/1,000 SF |
| Zoning | LARD2 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,436 SF |
| Average Occupancy | 75% |
| No. Stories | 1 |
| Year Built | 1920 |
| Parking Ratio | 1.64/1,000 SF |
| Zoning | LARD2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,450 | - |
| 1+1 | 2 | $2,447 | - |
Property Taxes
| Parcel Number | 5429-010-014 | Improvements Assessment | $297,668 |
| Land Assessment | $893,005 | Total Assessment | $1,190,673 |
Property Taxes
Parcel Number
5429-010-014
Land Assessment
$893,005
Improvements Assessment
$297,668
Total Assessment
$1,190,673
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