1329 2nd Ave | Los Angeles, CA 90019
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- LoopNet Team
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 | Building Size | 5,824 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1906/2025 |
| Building Class | C | Parking Ratio | 1.03/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LARD1.5 - restricted Density Multiple Dwelling | ||
| 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 | - | - |
Property Taxes
| Parcel Number | 5072-036-019 | Improvements Assessment | $520,200 |
| Land Assessment | $1,040,400 | Total Assessment | $1,560,600 |
Property Taxes
Parcel Number
5072-036-019
Land Assessment
$1,040,400
Improvements Assessment
$520,200
Total Assessment
$1,560,600
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