2050-2062 Commonwealth Ave | Los Angeles, CA 90027
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- LoopNet Team
2050-2062 Commonwealth Ave
Los Angeles, CA 90027
The Berkshire Apartments · Multifamily Property For Sale
·
17 Units
INVESTMENT HIGHLIGHTS
- 2050 North Commonwealth Avenue is a charming 17-unit courtyard apartment community in Los Feliz (90027)
- 2050 North Commonwealth Avenue has a Walk Score of 89 out of 100. This location is Very Walkable, so most errands can be accomplished on foot
- There is a significant affordability gap to home ownership within the 90027 zip code, with the median SFR selling for more than $2,280,250
- Located in Los Feliz, 2050 N Commonwealth Ave is a short distance from many happening shops and a shorty drive primary employers in Hollywood and DTLA
- The Hollywood-Silver Lake submarket is one of the strongest employment centers in the Los Angeles MSA and offers access to a diverse set of employers
- There are Fourteen (14) parking spaces in total. Ownership completed the mandatory soft-story retrofit (2020)
PROPERTY FACTS
| No. Units | 17 | Building Size | 12,251 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | Parking Ratio | 1.47/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | R1 - One-Family Residential - RS Uses | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 12,251 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1928 |
| Parking Ratio | 1.47/1,000 SF |
| Zoning | R1 - One-Family Residential - RS Uses |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Family Room
- Garden
- Handrails
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Private Bathroom
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $2,937 | - |
| 1+1 | 11 | $2,287 | - |
| Studios | 4 | $1,829 | - |
PROPERTY TAXES
| Parcel Number | 5591-008-027 | Improvements Assessment | $302,186 |
| Land Assessment | $268,373 | Total Assessment | $570,559 |
PROPERTY TAXES
Parcel Number
5591-008-027
Land Assessment
$268,373
Improvements Assessment
$302,186
Total Assessment
$570,559
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