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1915 Santa Ynez St
Los Angeles, CA 90026
Santa Ynez · Multifamily Property For Sale · 10 Units

Investment Highlights

  • Blank Canvas for Subsequent Ownership: ±46% Rental Upside Potential on Occupied Units
  • Great Unit Mix of Studio, 1- and 2-Bedroom Units
  • Clear Path to Immediate Rental Upside: Four (4) Units Delivered Vacant!
  • Santa Ynez is attractively Priced at a ±26% Discount to the Average Price Per Unit for Similar Vintage Sales in Echo Park (2020-2023)

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 5,001 SF
No. Stories 2
Year Built 1924
Parking Ratio 0.5/1,000 SF
Zoning RD2, Los Angeles - restricted Density Multiple Dwelling

Amenities

Unit Amenities

  • Air Conditioning
  • Disposal
  • Heating
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Carpet
  • Mud Room
  • Window Coverings

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Gated
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 5 - 400
1+1 3 - 500
2+1 2 - 700

Property Taxes

Property Taxes

Parcel Number
5404-004-018
Land Assessment
$1,456,560
Improvements Assessment
$624,240
Total Assessment
$2,080,800
  • Listing ID: 31324589

  • Date on Market: 3/25/2024

  • Last Updated:

  • Address: 1915 Santa Ynez St, Los Angeles, CA 90026

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