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2636 Virginia Rd
Los Angeles, CA 90016
2636 Virginia Rd · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Newly constructed four-unit townhouse style units in prime Mid-City area.
- Ample Parking Spaces.
- Individual electric, water, gas meters for each unit.
- Open floor plan with lots of natural light.
- Paid Off Solar Panels.
EXECUTIVE SUMMARY
Presenting 2636 Virginia Rd a newly constructed four-unit townhouse style units in prime Mid-City area. This is a rare opportunity considering the area's low inventory and a great property to add to your portfolio with a projected 4.62% Cap Rate in a thriving neighborhood. This is a 2022 build tri-level side-by-side units in two separate buildings located in the opportunity zone. A high demand investment opportunity featuring modern design, open and large floor plans, ample parking, rooftop decks (two units) with amazing views of the city! These beautifully designed townhomes consist of spacious (2) 4 Bed 4 Bath and (2) 4 Bed 3.5 Bath units each equipped with in unit laundry, Central A/C with Nest thermostats, balconies, individual water, electric, gas meters, stainless steel appliances installed, paid off solar panels. All highly attractive amenities for the tenants. The property is centrally located and minutes away from Downtown LA, Culver City and close to 10 freeway, giving easy access to all surrounding areas. This is an absolutely beautiful property. Call now for a viewing!
PROPERTY FACTS
| Price Per Unit | $812,500 | Apartment Style | Townhome |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 4.62% | Lot Size | 0.15 AC |
| Gross Rent Multiplier | 15.75 | Building Size | 6,936 SF |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Price Per Unit | $812,500 |
| Sale Type | Investment |
| Cap Rate | 4.62% |
| Gross Rent Multiplier | 15.75 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 6,936 SF |
| No. Stories | 3 |
| Year Built | 2022 |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Balcony
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Range
- Views
- Walk-In Closets
- Dining Room
- Family Room
- Handrails
- Island Kitchen
PROPERTY TAXES
| Parcel Number | 5050-002-003 | Improvements Assessment | $1,755,175 |
| Land Assessment | $893,005 | Total Assessment | $2,648,180 |
PROPERTY TAXES
Parcel Number
5050-002-003
Land Assessment
$893,005
Improvements Assessment
$1,755,175
Total Assessment
$2,648,180
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