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2824 Menlo Ave
Los Angeles, CA 90007
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Fully Leased Through the 2021-2022 Academic Year
- 100% Occupied with USC Students
- Prime Location - Zero Vacancies For The Last 12 Years
- Current Stabilized High Yield 5.09% Cap Rate
- 1-Year Parent Guaranteed Lease Agreements
- Walking Distance to the USC Campus & Village
Property Facts
| No. Units | 3 | Building Size | 3,640 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1907/2015 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,640 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1907/2015 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | LARD1.5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 4+2 | 1 | - | - |
| 5+2 | 1 | - | - |
Property Taxes
| Parcel Number | 5055-008-014 | Improvements Assessment | $703,580 |
| Land Assessment | $2,002,498 | Total Assessment | $2,706,078 |
Property Taxes
Parcel Number
5055-008-014
Land Assessment
$2,002,498
Improvements Assessment
$703,580
Total Assessment
$2,706,078
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