1344 W 98th St | Los Angeles, CA 90044
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- LoopNet Team
1344 W 98th St
Los Angeles, CA 90044
4 Units w/ 52% Rental Upside @ $225,000 PPU · Multifamily Property For Sale
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4 Units
Investment Highlights
- Approx. 52% rental upside compared to renovated units in the area
- Offered at $225,000 per unit, $329 per foot, 4.58% CAP, and 14.20 GRM on current rents
- Property amenities include a community laundry room and (4) 1-car garages that can be converted to ADUs (buyer to verify)
- 1344 West 98th will stabilize at an 8.12% CAP & 9.44 GRM on projected market rents
- Features (4) 1-bdrm. units, across 3 structures, on a 6,256 SF lot zoned LCC3YY
- 3.0 miles from The Village at Century, SoFi Stadium, Hollywood Park, and The Forum
Property Facts
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | No. Stories | 2 | |
| Lot Size | 0.14 AC | Year Built | 1948 |
| Building Size | 2,734 SF | Parking Ratio | 1.46/1,000 SF |
| Zoning | LCC3YY | ||
| No. Units | 4 |
| Property Type | |
| Lot Size | 0.14 AC |
| Building Size | 2,734 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 1.46/1,000 SF |
| Zoning | LCC3YY |
Amenities
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,300 | - |
Property Taxes
| Parcel Number | 6056-017-023 | Improvements Assessment | $271,468 |
| Land Assessment | $227,478 | Total Assessment | $498,946 |
Property Taxes
Parcel Number
6056-017-023
Land Assessment
$227,478
Improvements Assessment
$271,468
Total Assessment
$498,946
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