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240-242 N Van Ness Ave
Los Angeles, CA 90004
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Unit Mix: (4) – 1Bed/1Bath; (3) – 2Bed/1Bath Units; (1) – 2Bed/1Bath+Den Units
- Potential Conversion of Existing Bachelor Unit for Additional Income | Has Hookups, Plumbing, & Fixtures
- Low Operating Expenses | Tenants Pays for Trash, Gas, and Electric
- Three (3) Units Deliverable Vacant | Immediate Upside Potential
- Tuck-Under Parking for Every Unit | Soft-Story Retrofit Work Completed
- On-Site Laundry for Additional Income | Owned by the Landlord
Property Facts
| No. Units | 8 | Building Size | 18,476 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | Parking Ratio | 0.43/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | R3, Los Angeles | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 18,476 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 0.43/1,000 SF |
| Zoning | R3, Los Angeles |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 5516-012-033 | Improvements Assessment | $583,664 |
| Land Assessment | $2,653,020 | Total Assessment | $3,236,684 |
Property Taxes
Parcel Number
5516-012-033
Land Assessment
$2,653,020
Improvements Assessment
$583,664
Total Assessment
$3,236,684
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