2400 Palos Verdes Dr W | Palos Verdes Peninsula, CA 90274
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2400 Palos Verdes Dr W
Palos Verdes Peninsula, CA 90274
Lunada Bay Apartments · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- Prime Coastal Location with Ocean Views One Mile From the Beach
- Garage Parking for Each Unit
- Well Maintained Asset with Upgraded Units and Fireplaces
- Majority Large Two Bedroom Units Over 1,000 Square Feet
- Over a 4% Cap Rate on Market Rents
- Built by Current Owner
PROPERTY FACTS
| No. Units | 24 | Lot Size | 0.56 AC |
| Property Type | Multifamily | Building Size | 23,361 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | B | Parking Ratio | 1.03/1,000 SF |
| Zoning | PVRM* | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.56 AC |
| Building Size | 23,361 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | PVRM* |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Range
SITE AMENITIES
- Laundry Facilities
- Pool
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $1,869 | 750 |
| 2+1 | 5 | $2,505 | 1,000 |
| 2+2 | 9 | $2,511 | 1,000 |
| 3+2 | 2 | $2,850 | 1,500 |
PROPERTY TAXES
| Parcel Number | 7543-023-015 | Improvements Assessment | $5,412,160 |
| Land Assessment | $7,577,025 | Total Assessment | $12,989,185 |
PROPERTY TAXES
Parcel Number
7543-023-015
Land Assessment
$7,577,025
Improvements Assessment
$5,412,160
Total Assessment
$12,989,185
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