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2700 Prospect Ave 6 Unit Apartment Building $4,195,000 ($699,167/Unit) 4.70% Cap Rate La Crescenta, CA 91214
Investment Highlights
- Close proximity to school
Executive Summary
This newly constructed building was completed in 2024. No expense spared!
This property is fully leased.
This property is fully leased.
Property Facts
| Price | $4,195,000 | Apartment Style | Garden |
| Price Per Unit | $699,167 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.41 AC |
| Cap Rate | 4.70% | Building Size | 4,647 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2024 |
| Zoning | LCR1YY | ||
| Price | $4,195,000 |
| Price Per Unit | $699,167 |
| Sale Type | Investment |
| Cap Rate | 4.70% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.41 AC |
| Building Size | 4,647 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2024 |
| Zoning | LCR1YY |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Heating
- Kitchen
- High Speed Internet Access
- Oven
- Double Pane Windows
- Garden
- Island Kitchen
- Patio
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Car Charging Station
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 600 - 615 |
| 2+1 | 1 | - | 804 |
| 2+2 | 1 | - | 900 |
| 2+2.5 | 1 | - | 1,178 |
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Property Taxes
| Parcel Number | 5801-018-021 | Improvements Assessment | $332,318 |
| Land Assessment | $1,105,698 | Total Assessment | $1,438,016 |
Property Taxes
Parcel Number
5801-018-021
Land Assessment
$1,105,698
Improvements Assessment
$332,318
Total Assessment
$1,438,016
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2700 Prospect Ave
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