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2219 Wall St
Los Angeles, CA 90011
Wall Street Apartment Portfolio · Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.41 AC
Building Size 12,729 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1929/2016
Parking Ratio 0.94/1,000 SF
Zoning LARD2 - LARD2 - TOC Tier 3 Zoning

About 2219 WALL ST , LOS ANGELES, CA 90011

Burts & Associates are Proud to Present These Beautifully Renovated 6 Unit Buildings as Part of a 22 Unit Portfolio. The Contiguous 16 Unit Building is Available for Purchase for a Combined 22 Unit Income Property. There is a Huge 56% Upside in Current Rents in a High Demand Rental Market. Recent 2016 Exterior /Interior Major Renovations. There is One 2 Bed / 1 Bath House with a New Roof, New Windows, New Stucco and New Paint. Inside there is a New Kitchen with Oak Cabinets, Granite Counter Tops, New Tile Flooring, New Bathroom, New Fixtures, Washer / Dryer Hook-up and a New Electrical Panel with a New Meter. The House is Separately Metered for Gas, Electric & Water. There is a Second 2 Bed / 1 Bath House also with a New Roof, New Windows, New Exterior Stucco and New Exterior Paint. It has a Washer / Dryer Hook-up and a New Electrical Panel with a New Meter. This House is Separately Metered for Gas, Electrical & Water. There are Four 1 Bed / 1 Bath Apartment Units in the Front of Property. They have New Windows, New Stucco and New Exterior Paint. Each of the Four Units has a Washer / Dryer Hook-up. One of the Four Units is Completely Renovated with Oak Cabinets, Granite Counter Tops, New Bathroom, New Tile Flooring and Fixtures Throughout. Each of the Four Apartment Units is Separately Metered for Gas & Electricity. New Concrete Stairs and 2nd Floor Landing Area for the 4 Unit Apartment Building. There is New Concrete Covering the Entire Open Space of the Lot for Additional On Site Parking and Very Low Maintenance Cost. There are Several Major Development Projects Planned Close by for the Washington Blvd/Broadway/Grand Avenue Corridor. The Building is located just blocks from the San Pedro Street Metro Station. The Building is close to Downtown, USC, Schools, Shopping and Major Freeways.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $1,700 -
1+1 5 $846.00 -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5127-014-004
  • 5127-014-005
Land Assessment
$917,438
Improvements Assessment
$1,113,946
Total Assessment
$2,031,384
  • Listing ID: 9926899

  • Date on Market: 11/9/2017

  • Last Updated:

  • Address: 2219 Wall St, Los Angeles, CA 90011

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