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1300 Douglas St
Los Angeles, CA 90026
North of Sunset | 55% Rental Upside · Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 6,536 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1924 |
| Zoning | LAC2-1VL | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 6,536 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Zoning | LAC2-1VL |
ABOUT 1300 DOUGLAS ST , LOS ANGELES, CA 90026
• Prime Location in the Heart of Echo Park & Silver Lake – Steps from Sunset Blvd • 8 Bungalow Style Units, Built in 1924 • Unit Mix: (6) – 1Bed/1Bath & (1) – 1Bed/1.5Bath (Live/Work Space) & (1) – 3Bed/2Bath Townhouse • Large Two Story 3Bed/2Bath Unit in Back – Perfect for Owner User Occupancy • All Upgraded Systems – Owner Spent over $200,000 on System Upgrades • New Main Sewer Line, New Copper Plumbing, Electrical, Gas Line, & New Water Heaters • Over 55% Rental Upside Potential • Two (2) Units to be Delivered Vacant • Individually Metered for Gas & Electric including Separate Water Heaters for Each Unit • Potential to Add Storage or Laundry in the Basement for Additional Income • Easy of Management Building with Low Operating Expenses • Street Parking Only – No Soft Story Retrofit Requirements • Walk Score of 82 – Very Walkable • Easy Access to 101 Freeway, Downtown, Hollywood, Koreatown, Silverlake • Potential Development Opportunity on 6,959 SqFt Lot with LAC2-1VL Zoning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 677 |
| 1+2 | 1 | - | 1,000 |
| 3+2 | 1 | - | 1,470 |
PROPERTY TAXES
| Parcel Number | 5406-011-020 | Improvements Assessment | $1,326,165 |
| Land Assessment | $2,874,570 | Total Assessment | $4,200,735 |
PROPERTY TAXES
