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11089-11099 Strathmore Dr
Los Angeles, CA 90024
Multifamily Property For Sale
·
8 Units
Investment Highlights
- 8 Unit Apartment Building in Westwood | 7,130 RSF on a 6,913 SF Lot | Less than 1/2 Mile to UCLA
- 6 of 8 Units are UCLA Students | 1 Unit is Vacant | 1 Is a Long-Term Tenant
- Carport Parking for 6 Spaces + 5 Tandem Spaces (11 Spaces Total)
- Corner Property at Veteran Ave & Strathmore Dr | Walkable to Westwood Village, Campus, Retail, Dining, and Daily Amenities
- (2) 2-Bed/2-Bath | (6) 1-Bed/1-Bath | Current Vacancy in (1) 1-Bed/1-Bath Unit | Immediate Upside | Less than ½ Mile to UCLA Campus
- $412,500 per Unit | $462.83/SF | 4.09% CAP & 14.68 GRM | Strong Upside Potential w/ 11.75 Market GRM and 5.70% Market CAP
Property Facts
| No. Units | 8 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 7,130 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1952 |
| Building Class | C | Parking Ratio | 1.54/1,000 SF |
| Zoning | LAR4 - Restricted Density Multiple Dwelling | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 7,130 SF |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 1.54/1,000 SF |
| Zoning | LAR4 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Storage Space
- Public Transportation
- Individual Locking Bedrooms
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $2,164 | - |
| 2+2 | 2 | $3,200 | - |
Property Taxes
| Parcel Number | 4363-013-015 | Improvements Assessment | $155,655 |
| Land Assessment | $181,396 | Total Assessment | $337,051 |
Property Taxes
Parcel Number
4363-013-015
Land Assessment
$181,396
Improvements Assessment
$155,655
Total Assessment
$337,051
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