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2861-2867 Leeward Ave
Los Angeles, CA 90005
Koreatown Development | R4 Zoning | 48 Units · Multifamily Property For Sale
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10 Units
Investment Highlights
- Located in TOC Tier 3 Program | Potential 48 Unit Multifamily Development
- High Rental Demand Area
- Located in Opportunity Zone (Potential Tax Incentives)
- Favorable LAR4-2 Zoning | Large 10,828 SF Corner Lot
- Prime Koreatown Location | “Walker’s Paradise” – 95 Walk Score on Walkscore.com
- Great Unit Mix – 6 (1BR+1BA) & 4 (2BR+1BA) | Collect Rents During Entitlement Process
Property Facts
| No. Units | 10 | Building Size | 5,558 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1921 |
| Building Class | C | Parking Ratio | 0.72/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | LAR4-2 - The 10,828 SF lot is zoned LAR4-2 and is located in the LA Enterprise Zone with a Tier 3 TOC designation. | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 5,558 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1921 |
| Parking Ratio | 0.72/1,000 SF |
| Zoning | LAR4-2 - The 10,828 SF lot is zoned LAR4-2 and is located in the LA Enterprise Zone with a Tier 3 TOC designation. |
Amenities
Unit Amenities
- Refrigerator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $797.00 | - |
| 2+1 | 4 | $946.00 | - |
Property Taxes
| Parcel Number | 5077-015-009 | Improvements Assessment | $70,398 |
| Land Assessment | $224,255 | Total Assessment | $294,653 |
Property Taxes
Parcel Number
5077-015-009
Land Assessment
$224,255
Improvements Assessment
$70,398
Total Assessment
$294,653
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