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228 W 111th Plz
Los Angeles, CA 90061
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Value-Add opportunity in South Los Angeles with substantial upside in rents
- Two separate tri-plexes on an oversized lot
- Full rent payments through COVID
- Property going to be delivered with two vacancies at close of escrow
- Well maintained single story buildings
Property Facts
| No. Units | 6 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 1,836 SF |
| Property Subtype | Apartment | Average Occupancy | 67% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1940 |
| Zoning | LAR2 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 1,836 SF |
| Average Occupancy | 67% |
| No. Stories | 1 |
| Year Built | 1940 |
| Zoning | LAR2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $562.50 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $402,288 | |
| Land Assessment | $1,135,260 | Total Assessment | $1,537,548 |
Property Taxes
Parcel Numbers
Land Assessment
$1,135,260
Improvements Assessment
$402,288
Total Assessment
$1,537,548
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