175-179 N Edgemont St | Los Angeles, CA 90004
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- LoopNet Team
175-179 N Edgemont St
Los Angeles, CA 90004
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Current 3.89% Cap / 6.58% Market Cap
- Rare onsite parking with 14 gated parking spots
- Wilshire Center- Koreatown home sale prices have risen 26.3% over the last year
- Both structures have a pitched roof, sit on a raised foundation, and 175 Edgemont has newly installed copper plumbing
- Remodeled studio units include stainless steel appliances, refurbished hardwood floors, plenty of storage, copper plumbing, and a separate den
- 12-Unit apartment on a 10,990 sqft corner lot, first time on market since 2005
PROPERTY FACTS
| No. Units | 12 | Building Size | 7,312 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1940/2005 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | R3, Los Angeles - Limited Density Multiple Residence | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 7,312 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built/Renovated | 1940/2005 |
| Parking Ratio | 1.91/1,000 SF |
| Zoning | R3, Los Angeles - Limited Density Multiple Residence |
AMENITIES
UNIT AMENITIES
- Fireplace
- Ceiling Fans
- Hardwood Floors
- Den
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | 600 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $416,160 | |
| Land Assessment | $2,184,840 | Total Assessment | $2,601,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,184,840
Improvements Assessment
$416,160
Total Assessment
$2,601,000
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