1125 N Van Ness Ave | Los Angeles, CA 90038
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- LoopNet Team
1125 N Van Ness Ave
Los Angeles, CA 90038
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Excellent Unit Mix Composed of One-Bedroom and Two-Bedroom Units - Well Suited for Today’s Market.
- Property Offers Copper Plumbing Throughout, On-Site Parking and Laundry Facilities for Tenants.
- Located Within an Opportunity Zone.
- Approximately Over 40% in Rental Upside Through Renovation Plan.
- Seismic Retrofit Work has Been Completed!
- Walkscore.com Rates 1125 North Van Ness Avenue Very Walkable: Most Errands can be Accomplished on Foot.
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 8,000 SF |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1957 |
| Zoning | R3, Los Angeles | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,000 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1957 |
| Zoning | R3, Los Angeles |
AMENITIES
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | $1,392 | - |
| 2+1 | 2 | $2,000 | - |
PROPERTY TAXES
| Parcel Number | 5534-017-010 | Improvements Assessment | $760,368 |
| Land Assessment | $651,742 | Total Assessment | $1,412,110 |
PROPERTY TAXES
Parcel Number
5534-017-010
Land Assessment
$651,742
Improvements Assessment
$760,368
Total Assessment
$1,412,110
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