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Corning Apartments 1936-1938 S Corning St 14 Unit Apartment Building $4,095,000 ($292,500/Unit) 5.02% Cap Rate Los Angeles, CA 90034
Property Facts Under Contract
| Price | $4,095,000 | Apartment Style | Low-Rise |
| Price Per Unit | $292,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 5.02% | Building Size | 16,072 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 1.64/1,000 SF |
| Zoning | LARD2 | ||
| Price | $4,095,000 |
| Price Per Unit | $292,500 |
| Sale Type | Investment |
| Cap Rate | 5.02% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 16,072 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.64/1,000 SF |
| Zoning | LARD2 |
Amenities
Unit Amenities
- Kitchen
- Patio
Site Amenities
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 940 - 1,009 |
| 3+2 | 6 | - | 1,212 - 1,270 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 4302-029-038 | Improvements Assessment | $2,894,382 |
| Land Assessment | $1,775,693 | Total Assessment | $4,670,075 |
Property Taxes
Parcel Number
4302-029-038
Land Assessment
$1,775,693
Improvements Assessment
$2,894,382
Total Assessment
$4,670,075
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Corning Apartments | 1936-1938 S Corning St
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