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1643 N Formosa Ave
Los Angeles, CA 90046
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Charming 8 unit building in Hollywood built in 1954; 6,019 SqFt of living space on a 0.16 Acre lot
- Strong unit mix with (6) 1+1 and (2) 2+1 units; Property to be delivered with 2 vacancies
- Gated & secured driveway with digital keypad
- Several recent upgrades include copper plumbing throughout and updated electrical
- Firs time on the market in 25 years!
- (6) covered carport parking spaces in back of lot with strong ADU potential
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 | - | 680 - 728 |
| 2+1 | 2 | - | 876 - 878 |
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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