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2795 W 8th St
Los Angeles, CA 90005
Multifamily Property For Sale
·
36 Units
Investment Highlights
- The Neema Group of Marcus & Millichap is pleased to present 2795 W 8th St, an apartment investment opportunity in the Koreatown
- Value add opportunity with over 36% rental upside; the property features community laundry and security cameras throughout
- Central location that is beneficial for residents that commute throughout the city with close proximity to Downtown Los Angeles, Koreatown
- The property features a unit mix made up of 8 bachelors and 20 singles and 8 one-bedrooms
- High Walk Score of 92, residents benefit from multiple metro bus line stops along 6th Ave and just one mile from the metro rail line
- Ideal rental market that continues to grow, illustrated through the plentiful new developments currently under construction in the area
Property Facts
| No. Units | 36 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 20,200 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| Zoning | LAC2 | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 20,200 SF |
| No. Stories | 4 |
| Year Built | 1925 |
| Parking Ratio | 10/1,000 SF |
| Zoning | LAC2 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Site Amenities
- Laundry Facilities
- Storage Space
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 28 | - | - |
| 1+1 | 8 | - | 650 |
Property Taxes
| Parcel Number | 5077-020-013 | Improvements Assessment | $1,071,000 |
| Land Assessment | $2,244,000 | Total Assessment | $3,315,000 |
Property Taxes
Parcel Number
5077-020-013
Land Assessment
$2,244,000
Improvements Assessment
$1,071,000
Total Assessment
$3,315,000
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