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1762 Glendale Blvd
Los Angeles, CA 90026
PRICE REDUCED BY $300,000 | VACANT UNITS · Multifamily Property For Sale
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3 Units
Investment Highlights
- 3 Vacant Detached Bungalow Units in Echo Park at 5% Cap Rate
- C-2 Lot Buildable to 18 Units by-Right
- Pro-Forma Cap Rate of 8% +/- with Budget for Unit Remodel and ADU Construction
- Potential to Add 3 ADU's
Property Facts
| No. Units | 3 | Building Size | 1,943 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1914 |
| Building Class | C | Parking Ratio | 1.03/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LAC2 - C2 & Ed-1 Eligible | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 1,943 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built | 1914 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | LAC2 - C2 & Ed-1 Eligible |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 592 - 753 |
Property Taxes
| Parcel Number | 5423-005-002 | Improvements Assessment | $408,000 |
| Land Assessment | $816,000 | Total Assessment | $1,224,000 |
Property Taxes
Parcel Number
5423-005-002
Land Assessment
$816,000
Improvements Assessment
$408,000
Total Assessment
$1,224,000
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