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1246 S Saltair Ave
Los Angeles, CA 90025
Multifamily Property For Sale
·
8 Units
Investment Highlights
- 8-units in an ultra prime Brentwood adjacent location. Two separate structures with classic mid-century charm.
- 5 of 8 units have undergone tasteful unit renovations including hardwood floors, updated kitchens and bathrooms, new wall heaters, and interior paint.
- Building upgrades include new sewer and drain lines, updated electrical, new windows & exterior painting, and one of the units has a mini-split HVAC.
- Mix consists of (8) 1BR/1BA units; 4 units per building. Laundry room on-site brings in additional cash flow.
- Close to Santa Monica Beach, UCLA, Westwood Village, and major employers in Century City.
- Parking can accommodate 7 vehicles with 5 uncovered spaces in the rear and 2 in the front.
Property Facts
| No. Units | 8 | Building Size | 4,320 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1955 |
| Building Class | C | Parking Ratio | 1.62/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LAR3 - 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 | 4,320 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.62/1,000 SF |
| Zoning | LAR3 - restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 540 |
Property Taxes
| Parcel Number | 4263-005-053 | Improvements Assessment | $934,886 |
| Land Assessment | $700,877 | Total Assessment | $1,635,763 |
Property Taxes
Parcel Number
4263-005-053
Land Assessment
$700,877
Improvements Assessment
$934,886
Total Assessment
$1,635,763
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