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2233 W 14th St
Los Angeles, CA 90006
Multifamily Property For Sale
·
10 Units
Investment Highlights
- ULTRA - HIGH INITIAL INVESTMENT YIELD PLUSE UPSIDE – current rents are approximately 41 percent below market
- EXCELLENT UNIT MIX - (10) 1bed+1bath units
- RECENT PROPERTY UPDATES – Roof was replaced, and the electrical system was updated with new circuits, a new main panel and new subpanels
- SECTION 8 – Five (5) of the tenants participate in the Section 8 voucher program, providing significant steady income
- LOW UTILITY COSTS – Tenants pay for trash costs
- CONVENIENT LOCATION – Easy walking distance to dining and retail on Pico Blvd and short drive to 10 and 110 Freeways.
Property Facts
| No. Units | 10 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 4,576 SF |
| Property Subtype | Apartment | Average Occupancy | 80% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1923/2020 |
| Zoning | R3-1 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,576 SF |
| Average Occupancy | 80% |
| No. Stories | 1 |
| Year Built/Renovated | 1923/2020 |
| Zoning | R3-1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $1,621 | - |
Property Taxes
| Parcel Number | 5056-004-014 | Improvements Assessment | $546,820 |
| Land Assessment | $874,915 | Total Assessment | $1,421,735 |
Property Taxes
Parcel Number
5056-004-014
Land Assessment
$874,915
Improvements Assessment
$546,820
Total Assessment
$1,421,735
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