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131 S Occidental Blvd
Los Angeles, CA 90057
16 Units w/ 43% Upside in Rents · Multifamily Property For Sale
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16 Units
Investment Highlights
- Fantastic opportunity to add value with 43% upside on rents
- Very well-maintained with extensive Cap Ex completed
- Select units have been upgraded to include hardwood floors, granite countertops, new tubs and tiled walls/floors
- Excellent unit mix, comprised of (2) two-bedroom units and (14) one-bedroom units
- Bright, spacious units average over 700 SF per assessor
- Soft-story retrofit has been completed
Property Facts
| No. Units | 16 | Building Size | 10,900 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 0.71/1,000 SF |
| Lot Size | 0.32 AC | ||
| Zoning | LAR4 - Medium Density Multiple Residence | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 10,900 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | LAR4 - Medium Density Multiple Residence |
Amenities
Unit Amenities
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
Site Amenities
- Laundry Facilities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,265 | - |
| 1+1 | 14 | $1,234 | - |
Property Taxes
| Parcel Number | 5155-004-019 | Improvements Assessment | $969,317 |
| Land Assessment | $2,765,072 | Total Assessment | $3,734,389 |
Property Taxes
Parcel Number
5155-004-019
Land Assessment
$2,765,072
Improvements Assessment
$969,317
Total Assessment
$3,734,389
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