1843 N Cherokee Ave | Los Angeles, CA 90028
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- LoopNet Team
1843 N Cherokee Ave
Los Angeles, CA 90028
Casa Palmera Apartments · Multifamily Property For Sale
·
60 Units
INVESTMENT HIGHLIGHTS
- Significant Capital Improvements Completed - New Roof, Individual Meters
- Accelerated Rent Growth and Property Appreciation
- Assumable Loan
- Strong In-Place Income with Proven Upside
- 11 Units Delivered Vacant
PROPERTY FACTS
| No. Units | 60 | Lot Size | 0.52 AC |
| Property Type | Multifamily | Building Size | 50,528 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1926/2022 |
| Building Class | C | ||
| Zoning | LAR4 - high density residential | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 50,528 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1926/2022 |
| Zoning | LAR4 - high density residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 23 | - | 600 |
| 1+1 | 14 | - | 600 - 900 |
| 2+1 | 23 | - | 900 |
PROPERTY TAXES
| Parcel Number | 5547-003-011 | Improvements Assessment | $6,987,417 |
| Land Assessment | $6,129,313 | Total Assessment | $13,116,730 |
PROPERTY TAXES
Parcel Number
5547-003-011
Land Assessment
$6,129,313
Improvements Assessment
$6,987,417
Total Assessment
$13,116,730
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