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223 S Avenue 19
Los Angeles, CA 90031
4.54% CAP | 8 Unit Turnkey Opportunity · Multifamily Property For Sale
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8 Units
Investment Highlights
- 5 of 8 Units Extensively Remodeled
- Vibrant Lincoln Heights Location w/ a Walkscore.com Rating of 87
- Few minutes from Entertainment Venues, Restaurants, LA Live, Downtown Los Angeles and Multiple Los Angeles Freeways
- Solid Cash Flow with approximately 26% in Rental Upside
- Large Lot with 8 (Eight) Parking Spaces
Property Facts
| No. Units | 8 | Building Size | 4,130 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1923/2020 |
| Building Class | B | Parking Ratio | 1.94/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | LARD1.5 - LARD1.5 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 4,130 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1923/2020 |
| Parking Ratio | 1.94/1,000 SF |
| Zoning | LARD1.5 - LARD1.5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 2 | - | - |
Property Taxes
| Parcel Number | 5447-025-013 | Improvements Assessment | $1,008,147 |
| Land Assessment | $1,061,208 | Total Assessment | $2,069,355 |
Property Taxes
Parcel Number
5447-025-013
Land Assessment
$1,061,208
Improvements Assessment
$1,008,147
Total Assessment
$2,069,355
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