1545 4th Ave | Los Angeles, CA 90019
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- LoopNet Team
1545 4th Ave
Los Angeles, CA 90019
5 Units in Mid City with 6.9% Cap & 10.8 GRM! · Multifamily Property For Sale
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5 Units
Investment Highlights
- Five unit building consisting of two 3 bedroom / 1 bath units, two 2 bedroom / 1 bath units, and one 1 bedroom / 1 bath unit.
- The building boasts a GRM of 10.8 and CAP rate of 6.9% on current rents!
- +/- 5,664 sq. ft. of rentable space on a +/- 10,501 sq. ft. lot.
- Three of the five units have been remodeled and have new kitchens, bathrooms, windows, restored hardwood flooring and built in cabinetry.
Property Facts
| No. Units | 5 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 5,664 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1920 |
| Building Class | C | Parking Ratio | 0.88/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 5,664 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 0.88/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Number | 5072-024-012 | Improvements Assessment | $32,081 |
| Land Assessment | $36,490 | Total Assessment | $68,571 |
Property Taxes
Parcel Number
5072-024-012
Land Assessment
$36,490
Improvements Assessment
$32,081
Total Assessment
$68,571
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