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2051 S Corning St
Los Angeles, CA 90034
Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 6,448 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 0.78/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | LAR3 - LAR3 Zoned mid-block lot with alley access. | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,448 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 0.78/1,000 SF |
| Zoning | LAR3 - LAR3 Zoned mid-block lot with alley access. |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Patio
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Gated
- Online Services
- Walk-Up
ABOUT 2051 S CORNING ST , LOS ANGELES, CA 90034
Scott Rosenberg, and Casey Lins, of the RCRE Team at RE/MAX Estate Properties are proud to present “CORNING 6”! This asset is located on 2051 S. Corning Street, Los Angeles, CA 90034, just off Cadillac, between Robertson and La Cienega, between the submarkets of Pico Robertson and the Culver Arts District. This rental pocket is the midst of a fantastic urban renewal as tenants and landlords alike respond to the demand for quality housing in this well situated Westside Locale. This true value-added opportunity is a 6 unit apartment consisting of 5 (3 bedroom, 2 bath) units and 1 studio, comprising 6448 SF, per assessor, buyer to verify. With the greatest demand for apartment units coming from young millennials, larger 3 bedroom units have become one of the most sought out unit mixes for renters as shared housing offers greater overall economy. For astute investors, renovating units, adding bathrooms and basic amenities like internet provide an opportunity to drive rents well beyond the “market rate” expectation! This property is situated on a 6307 SF lot that is zoned LAR3. There is alley access to gated parking. The required seismic retrofit has been completed! In total, based on recent sales, current available properties, and the special features this property has, this asset presents a unique and compelling value at the listing price! Please contact the Listing Agent for additional details.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 3+2 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 4302-027-015 | Improvements Assessment | $698,838 |
| Land Assessment | $1,630,624 | Total Assessment | $2,329,462 |
PROPERTY TAXES
