2892 W 7th St | Los Angeles, CA 90005
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- LoopNet Team
2892 W 7th St
Los Angeles, CA 90005
7th St · Multifamily Property For Sale
·
59 Units
INVESTMENT HIGHLIGHTS
- Value-Add Investment Opportunity in Koreatown
- Seller Carryback Financing
- 4.38% Cap Rate to be a 7.13% Cap Rate
PROPERTY FACTS
| No. Units | 59 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 34,850 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1923 |
| Building Class | C | Parking Ratio | 0.68/1,000 SF |
| Zoning | LAC2 | ||
| No. Units | 59 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 34,850 SF |
| No. Stories | 4 |
| Year Built | 1923 |
| Parking Ratio | 0.68/1,000 SF |
| Zoning | LAC2 |
AMENITIES
UNIT AMENITIES
- Balcony
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Oven
- Range
- Views
SITE AMENITIES
- 24 Hour Access
- Picnic Area
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 50 | - | 450 |
| 1+1 | 7 | - | 700 |
| 2+1 | 2 | - | 800 |
PROPERTY TAXES
| Parcel Number | 5077-016-003 | Improvements Assessment | $3,259,369 |
| Land Assessment | $1,711,744 | Total Assessment | $4,971,113 |
PROPERTY TAXES
Parcel Number
5077-016-003
Land Assessment
$1,711,744
Improvements Assessment
$3,259,369
Total Assessment
$4,971,113
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