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2412 Via Campesina
Palos Verdes Estates, CA 90274
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 6,278 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Building Class | C | ||
| Zoning | PVRM* - restricted Density Multiple Dwelling | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 6,278 SF |
| No. Stories | 2 |
| Year Built | 1954 |
| Zoning | PVRM* - restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Kitchen
- Tub/Shower
ABOUT 2412 VIA CAMPESINA , PALOS VERDES ESTATES, CA 90274
PLEASE CALL FOR A DETAILED OFFERING MEMORANDUM. Marcus & Millichap is pleased to present 2404-2412 Via Campesina, an 8-unit investment property in Palos Verdes Estates, California. The property is located between Via Pinaleand Via Campesinajust next door to the Malaga Cove Plaza. Palos Verdes Estates is well known for its high-performing schools, breath taking views, fine dining and entertainment, as well as the median household income exceeding $171,000 a year. The median home value in Palos Verdes Estates is $2,068,600. the Median list price per square foot for single family residents is $817. Putting the monthly payment at $7200 a month for a home owner. 2404-2412 Via Campesinaconsists of two separate parcels comprised of four one bedroom one bathroom units per parcel for a total of eight spacious units. All of the units are separately metered for gas and electricity. The property also offers ample onsite parking. Due to its location and vintage of building, this property does not fall under Los Angeles Rent Control. This offering presents a great opportunity for an investor to acquire an asset with steady cash flow in a strong rental market and capture potential upside in rents. Given the desirability and location of this asset it presents an opportunity for an investor to acquire an extremely low risk property with huge appreciation potential. With the affordability gap between average mortgage payments and the option to rent, this presents an investor an opportunity to increase rents .
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,187,286 | |
| Land Assessment | $2,296,652 | Total Assessment | $4,483,938 |
PROPERTY TAXES
