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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 | Building Size | 2,856 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1949/2024 |
| Lot Size | 0.15 AC | Parking Ratio | 1.88/1,000 SF |
| Zoning | LARD2 | ||
| 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 |
Links
Property Taxes
| Parcel Number | 5061-012-025 | Improvements Assessment | $371,422 |
| Land Assessment | $902,026 | Total Assessment | $1,273,448 |
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
The Mid-City Multifamily Property at 2008 Vineyard Ave, Los Angeles, CA 90016 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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