1643 N Formosa Ave | Los Angeles, CA 90046
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- LoopNet Team
1643 N Formosa Ave
Los Angeles, CA 90046
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Prime Hollywood Location
- One (1) Unit Will be Delivered Vacant
- Potential to Add Up to Eight (8) ADU Units Under SB 1211 (Recently Engrossed in June 2024)
- Coveted 90046 Zip Code
- Charming Mid-Century Asset
- Total of Six (6) Covered Parking Spaces
PROPERTY FACTS
| No. Units | 8 | Building Size | 6,019 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | R3-1, Los Angeles - multiple dwelling residential | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 6,019 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R3-1, Los Angeles - multiple dwelling residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Pantry
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $2,125 | 680 - 750 |
| 2+1 | 2 | $2,432 | 876 - 900 |
PROPERTY TAXES
| Parcel Number | 5548-009-011 | Improvements Assessment | $218,479 |
| Land Assessment | $602,731 | Total Assessment | $821,210 |
PROPERTY TAXES
Parcel Number
5548-009-011
Land Assessment
$602,731
Improvements Assessment
$218,479
Total Assessment
$821,210
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