2533 Ocean View Ave | Los Angeles, CA 90057
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2533 Ocean View Ave
Los Angeles, CA 90057
MONTE VISTA I 30-UNIT VALUE ADD I $120K/UNIT · Multifamily Property For Sale
·
30 Units
INVESTMENT HIGHLIGHTS
- Compelling Value-Add with Average Rents of $1,208 Compared to $1,517 Pro Forma - 26% Upside.
- Exceptional Accessibility to Major Employment Hubs.
- Super Bowl, World Cup, and 2028 Olympics to Put Los Angeles on the World Stage.
- $120K Price Per Unit, 8.28 In-Place GRM.
- Convenient Central Location Near Entertainment Districts.
PROPERTY FACTS
| No. Units | 30 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 16,832 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1926 |
| Building Class | C | ||
| Zoning | LAR3 - Restricted Density Multiple | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 16,832 SF |
| No. Stories | 5 |
| Year Built | 1926 |
| Zoning | LAR3 - Restricted Density Multiple |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 20 | - | 475 |
| 1+1 | 10 | - | 575 |
PROPERTY TAXES
| Parcel Number | 5155-030-009 | Improvements Assessment | $343,230 |
| Land Assessment | $45,079 | Total Assessment | $388,309 |
PROPERTY TAXES
Parcel Number
5155-030-009
Land Assessment
$45,079
Improvements Assessment
$343,230
Total Assessment
$388,309
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