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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
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