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249 S Avenue 55
Los Angeles, CA 90042
The Avalon Highland Park · Multifamily Property For Sale
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40 Units
Investment Highlights
- 40-unit investment opportunity located in the Highland Park neighborhood of Los Angeles just south of N Figueroa Street above the 110 Freeway
- The unit mix consists of 1 single, 33 one-bedrooms, and 6 two-bedroom apartment units
- Courtyard style building complete with a fully furnished pool patio. The entryway and parking are gated and there are a total of 40 parking spaces
- Built in 1961 and renovated in 2021, this turn-key building will be delivered with 11 of the 40 units vacant
- The vacant units have been completely renovated including gourmet kitchens with granite countertops, crisp white cabinets, white tile backsplash.. wrx
Property Facts
| No. Units | 40 | Lot Size | 0.89 AC |
| Property Type | Multifamily | Building Size | 24,722 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.62/1,000 SF |
| Zoning | RD2 | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.89 AC |
| Building Size | 24,722 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.62/1,000 SF |
| Zoning | RD2 |
Amenities
Unit Amenities
- Air Conditioning
- Stainless Steel Appliances
Site Amenities
- Courtyard
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 40 | - | - |
Property Taxes
| Parcel Number | 5468-028-027 | Improvements Assessment | $3,499,666 |
| Land Assessment | $8,092,979 | Total Assessment | $11,592,645 |
Property Taxes
Parcel Number
5468-028-027
Land Assessment
$8,092,979
Improvements Assessment
$3,499,666
Total Assessment
$11,592,645
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