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This Multifamily Property is no longer advertised on LoopNet.com.
215 Lucas Ave
Los Angeles, CA 90026
Villa Hermosa Apartments | 80% Vacant · Multifamily Property For Sale
·
32 Units

Investment Highlights
- Massive Value-Add Opportunity with Immediate Upside
- Reconfigure to 28 Two-Bedroom & 4 Three-Bedroom Layouts
- Prime Westlake / City West Location – ±0.70 Miles to Downtown LA
- ±80% Vacant - 26 of 32 Units Delivered Vacant
- 39,725 Square Feet of Land – Zoned for ±159 Units
Property Facts
| No. Units | 32 | Building Size | 24,360 SF |
| Property Type | Multifamily | Average Occupancy | 19% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1951 |
| Building Class | C | Parking Ratio | 1.35/1,000 SF |
| Lot Size | 0.91 AC | ||
| Zoning | R-4 - R4 + Tier 2 TOC | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.91 AC |
| Building Size | 24,360 SF |
| Average Occupancy | 19% |
| No. Stories | 2 |
| Year Built | 1951 |
| Parking Ratio | 1.35/1,000 SF |
| Zoning | R-4 - R4 + Tier 2 TOC |
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $1,407,160 |
| Land Assessment | $5,709,828 | Total Assessment | $7,116,988 |
Property Taxes
Parcel Numbers
Multiple
- 5153-029-018
- 5153-029-019
Land Assessment
$5,709,828
Improvements Assessment
$1,407,160
Total Assessment
$7,116,988
Listing ID: 21423748
Date on Market: 11/5/2020
Last Updated:
Address: 215 Lucas Ave, Los Angeles, CA 90026
The City West Multifamily Property at 215 Lucas Ave, Los Angeles, CA 90026 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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