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1915-1917 S Central Ave
Los Angeles, CA 90011
The Central Avenue Apartments · Multifamily Property For Sale
·
24 Units
Investment Highlights
- 6.04% CAP | Only $78,125/Unit
- 7,400 Total SF On a 5,150 SF Lot
- 22 Studio Units + 2 Commercial Spaces in Historic South Central
- Strong Rental Upside – 12.83% Market CAP | 7.69 Market GRM
- Conveniently Located in Historic South Central, Easy Access to the 110 & 10 Freeway, Close to USC & DTLA Arts District
Property Facts
| No. Units | 24 | Building Size | 15,750 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1905 |
| Building Class | C | Parking Ratio | 0.81/1,000 SF |
| Lot Size | 0.12 AC | ||
| Zoning | C2-1, Los Angeles - Commercial | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 15,750 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1905 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | C2-1, Los Angeles - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- On-Site Retail
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 22 | $844.00 | 200 |
Property Taxes
| Parcel Number | 5131-008-014 | Improvements Assessment | $426,531 |
| Land Assessment | $689,561 | Total Assessment | $1,116,092 |
Property Taxes
Parcel Number
5131-008-014
Land Assessment
$689,561
Improvements Assessment
$426,531
Total Assessment
$1,116,092
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