2325 Ocean View Ave | Los Angeles, CA 90057
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2325 Ocean View Ave
Los Angeles, CA 90057
Lane Manor I 24-UNIT VALUE-ADD I $115K/UNIT · Multifamily Property For Sale
·
24 Units
Investment Highlights
- Compelling Value-Add with Average Rents of $1,062 Compared to $1,575 Pro Forma - 48% Upside
- Exceptional Accessibility to Major Employment Hubs.
- Super Bowl, World Cup, and 2028 Olympics to Put Los Angeles on the World Stage
- $115K Price Per Unit, 8.99 In-Place GRM.
- Convenient Central Location Near Entertainment Districts.
Property Facts
| No. Units | 24 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 16,380 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1929 |
| Building Class | C | ||
| Zoning | LAR3 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 16,380 SF |
| No. Stories | 3 |
| Year Built | 1929 |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | 475 |
| 1+1 | 12 | - | 575 |
Property Taxes
| Parcel Number | 5154-036-004 | Improvements Assessment | $306,454 |
| Land Assessment | $47,526 | Total Assessment | $353,980 |
Property Taxes
Parcel Number
5154-036-004
Land Assessment
$47,526
Improvements Assessment
$306,454
Total Assessment
$353,980
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