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2005 Talmadge St
Los Angeles, CA 90027
16 Units in Los Feliz · Multifamily Property For Sale
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16 Units
Investment Highlights
- Premier Los Feliz Courtyard - Exceptional Location
- 2005 Talmadge Street offers a total of 16 well-designed units and an excellent unit composition ideal for the area’s demographics.
- The property is well-parked with one parking space per unit. The mandatory soft-story retrofit has been completed.
- With eight of the sixteen units remodeled and at near market rents, investors have the opportunity to acquire a stable asset with tremendous upside.
- The asset has the potential to achieve significant future rental income growth through unit upgrades and enhancements.
- Located in the heart of Los Feliz, 2005 Talmadge Street commands property values and rents comparable with many Westside and beach communities.
Property Facts
| No. Units | 16 | Building Size | 10,826 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 1.48/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | LAR2 - Medium Density Multiple Residence | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 10,826 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | LAR2 - Medium Density Multiple Residence |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | $2,028 | 650 |
| 2+1 | 2 | $1,967 | 800 |
Property Taxes
| Parcel Number | 5591-009-030 | Improvements Assessment | $1,224,000 |
| Land Assessment | $3,672,000 | Total Assessment | $4,896,000 |
Property Taxes
Parcel Number
5591-009-030
Land Assessment
$3,672,000
Improvements Assessment
$1,224,000
Total Assessment
$4,896,000
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