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129 S Avenue 64
Los Angeles, CA 90042
Reduced $300k! ULTRA VALUE ADD 13 UNITS · Multifamily Property For Sale
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13 Units
Investment Highlights
- Low rents allow a new buyer to turn units and capture additional tremendous upside potential
- Tremendous upside exceeding 14.6% cap rate (5.65 GRM) at proven market rents
- Huge units exceeding 800 square feet on average
- Beautiful pool, and individually metered for gas and electricity
Property Facts
| No. Units | 13 | Building Size | 10,705 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.49/1,000 SF |
| Lot Size | 0.29 AC | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 10,705 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.49/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Amenities
Site Amenities
- Controlled Access
- Courtyard
- Pool
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 708 |
| 2+1 | 8 | - | 987 |
Property Taxes
| Parcel Number | 5492-035-026 | Improvements Assessment | $1,353,040 |
| Land Assessment | $1,644,872 | Total Assessment | $2,997,912 |
Property Taxes
Parcel Number
5492-035-026
Land Assessment
$1,644,872
Improvements Assessment
$1,353,040
Total Assessment
$2,997,912
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