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1627 N Poinsettia Pl
Los Angeles, CA 90046
Point Villas · Multifamily Property For Sale
·
20 Units
Investment Highlights
- Prime Hollywood location - North of Sunset Blvd. & West of La Brea Ave.
- Below market rents. Value-add opportunity
- Large 3 story property of approximately 14,817 SqFt - Built in 1965
- Excellent unit mix of (2) Studios, (14) 1 BR + 1 Bath & (4) 2 BR + 2 bath units
- Price Per Unit = $274,750, CAP Rate = 4.56% & GRM = 12.98
- 95 Walk Score! Close proximity to Runyon Canyon and the many shops & attractions on Sunset and Hollywood Blvd.
Property Facts
| No. Units | 20 | Building Size | 14,817 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.62/1,000 SF |
| Lot Size | 0.19 AC | ||
| Zoning | LAR3 - restricted Density Multiple Dwelling | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 14,817 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1965 |
| Parking Ratio | 1.62/1,000 SF |
| Zoning | LAR3 - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Window Coverings
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Gated
- Laundry Service
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $1,022 | 450 |
| 1+1 | 14 | $1,622 | 600 |
| 2+2 | 4 | $2,559 | 1,200 - 1,600 |
Property Taxes
| Parcel Number | 5548-009-033 | Improvements Assessment | $1,712,633 |
| Land Assessment | $4,807,399 | Total Assessment | $6,520,032 |
Property Taxes
Parcel Number
5548-009-033
Land Assessment
$4,807,399
Improvements Assessment
$1,712,633
Total Assessment
$6,520,032
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