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2268 W 14th St
Los Angeles, CA 90006
Sylvester Apartments · Multifamily Property For Sale
·
47 Units
Investment Highlights
- The Neema Group of Marcus & Millichap is pleased to present 2268 W 14th St, a 47-unit multifamily investment opportunity in Pico- Union
- The property features a unit mix of 46 singles and one one-bedroom with strong in-place cash flow at a 6.56% CAP rate and 7.90 GRM
- Unique opportunity that includes the adjacent parking lot that totals 6,000 SF with 24 parking spaces that generates $2,500 per month of income
- Potential for additional upside as an additional ADU may be possible (Buyer to verify)
Property Facts
| No. Units | 47 | Lot Size | 0.31 AC |
| Property Type | Multifamily | Building Size | 26,096 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1928 |
| Building Class | C | ||
| Zoning | R3, Los Angeles - multiple dwelling zone | ||
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 26,096 SF |
| No. Stories | 4 |
| Year Built | 1928 |
| Zoning | R3, Los Angeles - multiple dwelling zone |
Amenities
Unit Amenities
- Cable Ready
- Heating
- Kitchen
- Oven
- Carpet
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Recycling
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 46 | - | 350 - 480 |
| 1+1 | 1 | - | 500 - 700 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,433,851 | |
| Land Assessment | $724,150 | Total Assessment | $2,158,001 |
Property Taxes
Parcel Numbers
Land Assessment
$724,150
Improvements Assessment
$1,433,851
Total Assessment
$2,158,001
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