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216 S Occidental Blvd
Los Angeles, CA 90057
Tremendous Rent Upside Potential · Multifamily Property For Sale
·
39 Units
Property Facts
| No. Units | 39 | Building Size | 39,048 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.13/1,000 SF |
| Lot Size | 0.43 AC | ||
| Zoning | R4-2, Los Angeles | ||
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 39,048 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1962 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | R4-2, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Public Transportation
- Smoke Detector
About 216 S OCCIDENTAL BLVD , LOS ANGELES, CA 90057
The Occidental Apartments are located in the Westlake neighborhood of Los Angeles, which is centrally located and bordered by Downtown LA, Koreatown, East Hollywood, Echo Park and Silver Lake. Westlake has a population density of nearly 40,000 people per square mile, among the highest in all of Los Angeles County. The property sits mid-block just north of 3rd Street and south of Beverly Boulevard. The property is adjacent to a new 47 unit apartment building, which is just beginning development. The property is immediately surrounded by other multifamily residential properties. This section of Occidental Boulevard features two-way traffic with a large median between directions giving the area a more wide and open feel.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 30 | - | - |
| 2+2 | 5 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 5155-013-018 | Improvements Assessment | $4,551,316 |
| Land Assessment | $6,428,733 | Total Assessment | $10,980,049 |
Property Taxes
Parcel Number
5155-013-018
Land Assessment
$6,428,733
Improvements Assessment
$4,551,316
Total Assessment
$10,980,049
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