1770 El Cerrito Pl | Los Angeles, CA 90028
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1770 El Cerrito Pl
Los Angeles, CA 90028
Price Reduction! 16Units + 4 RTI ADU's 6% Cap · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Prime Hollywood location within walking distance to Hollywood Blvd.
- All Earthquake Retrofit work has been completed
- Excellent Unit mix of 2+2, 2+1, 1+1 & Studio Units (9 Vacant Units + 4 RTI Approved ADU Plans bringing Unit count to 20u = $249,750/Unit)
PROPERTY FACTS
| No. Units | 16 | Building Size | 10,166 SF |
| Property Type | Multifamily | Average Occupancy | 44% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.48/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | LAR4 - TOC TIER 3 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 10,166 SF |
| Average Occupancy | 44% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | LAR4 - TOC TIER 3 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
- Pool
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | 500 |
| 1+1 | 7 | - | 611 - 675 |
| 2+1 | 3 | - | 750 |
| 2+2 | 2 | - | 800 |
PROPERTY TAXES
| Parcel Number | 5548-002-027 | Improvements Assessment | $1,708,500 |
| Land Assessment | $3,060,000 | Total Assessment | $4,768,500 |
PROPERTY TAXES
Parcel Number
5548-002-027
Land Assessment
$3,060,000
Improvements Assessment
$1,708,500
Total Assessment
$4,768,500
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