230-240 N Reno St | Los Angeles, CA 90026
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- LoopNet Team
230-240 N Reno St
Los Angeles, CA 90026
Silverlake Adjacent @ 10.09 GRM! · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Vintage 1929 construction with classic architectural character and timeless curb appeal
- 6.02% in-place CAP rate and 10.02 GIM
- Close to fine dining, nightlife, retail, and centrally located near Downtown Los Angeles, Echo Park, and Silver Lake
- Eight (8) one-bedroom/one-bath units and two (2) twobedroom/one-bath units
- Ability to reposition the property to market rents and enhance long-term cash flow
Property Facts
| No. Units | 10 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 8,837 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1929 |
| Zoning | R3, Los Angeles - Limited Multiple Residence | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 8,837 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1929 |
| Zoning | R3, Los Angeles - Limited Multiple Residence |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 575 |
| 2+1 | 2 | - | 800 |
Property Taxes
| Parcel Number | 5156-017-012 | Improvements Assessment | $457,795 |
| Land Assessment | $956,601 | Total Assessment | $1,414,396 |
Property Taxes
Parcel Number
5156-017-012
Land Assessment
$956,601
Improvements Assessment
$457,795
Total Assessment
$1,414,396
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