2028 E 3rd St | Los Angeles, CA 90033
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- LoopNet Team
2028 E 3rd St
Los Angeles, CA 90033
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Fantastic going in Cap rate of 5.82% and GRM of 11.10
- Strong Unit Mix of (2) 1-Bed/1-Bath, (2) 2-Bed/1-Bath, and (1) Detached 3-Bed/2-Bath House
- Once Stabilized, the property will operate at an 9.43% Cap rate and 7.85 GRM
- Massive 5,033 Sq. Ft Building priced at only $229/Sq. Ft
- (1) 2-Bed/1-Bath and (1) 3-Bed/2-Bath Units to be delivered vacant and tenant ready
- Easy Access to local shopping and restaurants, as well as the 110, 10, 60, and 5 Freeways.
PROPERTY FACTS
| No. Units | 5 | Building Size | 5,033 SF |
| Property Type | Multifamily | Average Occupancy | 60% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | B | Year Built | 1925 |
| Lot Size | 0.14 AC | Parking Ratio | 0.99/1,000 SF |
| Zoning | LA RD 2 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 5,033 SF |
| Average Occupancy | 60% |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 0.99/1,000 SF |
| Zoning | LA RD 2 |
PROPERTY TAXES
| Parcel Number | 5183-012-021 | Improvements Assessment | $790,500 |
| Land Assessment | $816,000 | Total Assessment | $1,606,500 |
PROPERTY TAXES
Parcel Number
5183-012-021
Land Assessment
$816,000
Improvements Assessment
$790,500
Total Assessment
$1,606,500
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