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2823 Virginia Rd
Los Angeles, CA 90016
NEW CONST. OPP ZONE 4PLEX IN WEST ADAMS! · Multifamily Property For Sale
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4 Units
Investment Highlights
- QUALIFIED OPPORTUNITY ZONE! Major tax benefit! (consult CPA).
- The average price per square foot of nearby new construction duplexes and triplexes is $558.11 This is priced to sell at $494.97.
- All units separately metered for gas, electric AND water! Microscopic expenses!
- No rent control! Amazing 5.33% pro forma cap rate
- Ideal property for owner occupiers! Live the life of luxury in one of the impressive units while having tenants in the other units pay the mortgage!
- Moments from several ground-breaking mixed-use developments such as Ivy Station (HBO headquarters), Platform, the Helms Bakery District!
Property Facts
| No. Units | 4 | Building Size | 6,463 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2023 |
| Building Class | B | Parking Ratio | 1.24/1,000 SF |
| Lot Size | 0.12 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 6,463 SF |
| No. Stories | 3 |
| Year Built | 2023 |
| Parking Ratio | 1.24/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Yard
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 2 | $4,800 | 1,614 - 1,716 |
| 3+3.5 | 2 | $4,500 | 1,482 - 1,651 |
Property Taxes
| Parcel Number | 5050-013-012 | Improvements Assessment | $1,305,600 |
| Land Assessment | $1,958,400 | Total Assessment | $3,264,000 |
Property Taxes
Parcel Number
5050-013-012
Land Assessment
$1,958,400
Improvements Assessment
$1,305,600
Total Assessment
$3,264,000
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