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1329 2nd Ave
Los Angeles, CA 90019
Multifamily Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • Six Unit Apartment Building with Stable Current Income
  • Features Six On-Site Parking Spaces
  • GRM / Pro Forma GRM: 10.53/ 9.09
  • Two Structures | Fourplex and a Duplex
  • Attractive CAP Rate / Pro Forma: 6.95% / 8.73%
  • Located Adjacent to Mid-City and a Short Drive to Koreatown, DTLA, and Culver City

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 5,824 SF
Average Occupancy 83%
No. Stories 2
Year Built/Renovated 1906/2025
Parking Ratio 1.03/1,000 SF
Zoning LARD1.5 - restricted Density Multiple Dwelling

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 - -
1+1 4 - -
  • Listing ID: 33909797

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 1329 2nd Ave, Los Angeles, CA 90019

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