2430 Ocean View Ave | Los Angeles, CA 90057
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This Multifamily Property is no longer advertised on LoopNet.com.
2430 Ocean View Ave
Los Angeles, CA 90057
Chateau Nob Hill Towers · Multifamily Property For Sale
·
52 Units

INVESTMENT HIGHLIGHTS
- Excellent value-add investment opportunity with strong cash flow and substantial upside potential
- On-site laundry facilities, two patios on the rooftop terrace, several storage rooms in the basement, two elevators, and 20 on-site parking spaces
- Amenity rich location, surrounded by an array of restaurants, entertainment venues, shopping, hotels, and nightlife
- Beautiful, architecturally unique 52-unit opportunity featuring Art Deco architecture and a strong unit mix with well-designed, oversized layouts
- Property features controlled access, a charming lobby, and a rooftop terrace featuring string lights, seating, and breathtaking views
- Walking Distance to the Westlake/MacArthur Park Metro Station (0.4 miles) and the Wilshire/Vermont Station (0.8 miles)
PROPERTY FACTS
| No. Units | 52 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 52,871 SF |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built | 1929 |
| Building Class | C | Parking Ratio | 0.38/1,000 SF |
| Zoning | LAR4-1 | ||
| No. Units | 52 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 52,871 SF |
| No. Stories | 7 |
| Year Built | 1929 |
| Parking Ratio | 0.38/1,000 SF |
| Zoning | LAR4-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Patio
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Gated
- Grill
- Elevator
- Maintenance on site
- Online Services
- Sundeck
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | 300 |
| Studios | 30 | - | 550 |
| 1+1 | 17 | - | 1,100 |
| 2+2 | 3 | - | 1,800 |
PROPERTY TAXES
| Parcel Number | 5154-038-006 | Improvements Assessment | $10,791,171 |
| Land Assessment | $3,527,270 | Total Assessment | $14,318,441 |
PROPERTY TAXES
Parcel Number
5154-038-006
Land Assessment
$3,527,270
Improvements Assessment
$10,791,171
Total Assessment
$14,318,441
Listing ID: 31379928
Date on Market: 4/1/2024
Last Updated:
Address: 2430 Ocean View Ave, Los Angeles, CA 90057
The MacArthur Park Multifamily Property at 2430 Ocean View Ave, Los Angeles, CA 90057 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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