This Multifamily Property is no longer advertised on LoopNet.com.

2008 Vineyard Ave
Los Angeles, CA 90016
RARE FULLY REMODELED, 100% LEASED FOURPLEX · Multifamily Property For Sale · 4 Units

Investment Highlights

  • STABILIZED 5.31% cap rate + upside! Pro forma cap rate of 5.52%
  • Rare opportunity to purchase 4 renovated units under 2 million.
  • Potential for one of the 1 bedroom units to be delivered vacant, making this an ideal opportunity for an owner/investor.
  • Total monthly income of $11,281. Outstanding rent. Cash cow!
  • Unbeatable West Adams location just moments WALKING to an unlimited supply of restaurants, shops, businesses and more!
  • Lowest price per door of any new construction/renovation in West Adams!

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.15 AC
Building Size 2,856 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1949/2024
Parking Ratio 1.88/1,000 SF
Zoning LARD2

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Freezer
  • Island Kitchen

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $3,950 1,108
2+1 1 $2,695 623
1+1 2 $2,318 550 - 575

Property Taxes

Property Taxes

Parcel Number
5061-012-025
Land Assessment
$902,026
Improvements Assessment
$371,422
Total Assessment
$1,273,448
  • Listing ID: 33129747

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 2008 Vineyard Ave, Los Angeles, CA 90016

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