2267-73 1/2 W. Adams Bl. | Los Angeles, CA 90018
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- LoopNet Team
2267-73 1/2 W. Adams Bl.
Los Angeles, CA 90018
9% cap UPSIDE · Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Sold along with 12 units at 3335 Stocker St. Also, $2,499,000.
- Well-located, near Mid-City, Mid-Wilshire and K-Town
- Lots of meat-on-the-bone for a patient investor
- Large, 'double' lot - inherent development appeal
- Massive 50%+ upside in rent - 9% cap upside
PROPERTY FACTS
| No. Units | 12 | Building Size | 9,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1939 |
| Building Class | C | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | R4-1, Los Angeles | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 9,500 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1939 |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | R4-1, Los Angeles |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 5058-004-015 | Improvements Assessment | $979,200 |
| Land Assessment | $1,468,800 | Total Assessment | $2,448,000 |
PROPERTY TAXES
Parcel Number
5058-004-015
Land Assessment
$1,468,800
Improvements Assessment
$979,200
Total Assessment
$2,448,000
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