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2325 5th Ave
Los Angeles, CA 90018
8 Units Value-Add Near West Adams · Multifamily Property For Sale
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8 Units
Investment Highlights
- There is 35 Percent Remaining Rental Upside Through Interior Renovations.
- Located on a Quiet Street that is 53% Single Family Residences, 35% Duplexes & Four Unit Buildings, with Only One Other 5+ Unit Building.
- Current Ownership Has Attentively Maintained the Property.
- There are a 15 Total Parking Spaces for Eight Units.
- Current Ownership Completed all Soft-Story Retrofit Requirements in 2020.
- Family Owned and Operated for the Last 11 Years.
Property Facts
| No. Units | 8 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 5,978 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 2.51/1,000 SF |
| Zoning | RD2 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,978 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 2.51/1,000 SF |
| Zoning | RD2 |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 650 - 750 |
| 2+1 | 3 | - | 890 |
Property Taxes
| Parcel Number | 5059-021-021 | Improvements Assessment | $582,459 |
| Land Assessment | $615,709 | Total Assessment | $1,198,168 |
Property Taxes
Parcel Number
5059-021-021
Land Assessment
$615,709
Improvements Assessment
$582,459
Total Assessment
$1,198,168
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