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2821 Virginia Rd
Los Angeles, CA 90016
New Construction OPPORTUNITY ZONE Triplex! · Multifamily Property For Sale
·
3 Units
Investment Highlights
- Opportunity zone, meaning enormous tax benefits if you close prior to completion (please consult a CPA or tax specialist to confirm).
- The average price per square foot of nearby new construction duplexes and triplexes is $663.49. This is priced to sell at $507.16 ($488.37 with ADU)
- No rent control! Dream 1031 exchange opportunity. Ready to close ASAP!
- Amazing 5.25% pro forma cap rate with potential to achieve a 5.51% cap rate with an ADU addition.
- Ideal property for owner occupiers! Live the in the impressive single family residence while having tenants in the other units pay the mortgage!
- All units separately metered for gas, electric AND water! Microscopic expenses!
Property Facts
| No. Units | 3 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 5,304 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2022 |
| Building Class | B | Parking Ratio | 1.13/1,000 SF |
| Zoning | LARD1.5 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 5,304 SF |
| No. Stories | 3 |
| Year Built | 2022 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 2 | $4,800 | 1,731 |
| 5+4 | 1 | $5,800 | 1,842 |
Property Taxes
| Parcel Number | 5050-013-011 | Improvements Assessment | $1,248,480 |
| Land Assessment | $1,508,580 | Total Assessment | $2,757,060 |
Property Taxes
Parcel Number
5050-013-011
Land Assessment
$1,508,580
Improvements Assessment
$1,248,480
Total Assessment
$2,757,060
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