2900 Francis Ave | Los Angeles, CA 90005
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- LoopNet Team
2900 Francis Ave
Los Angeles, CA 90005
Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Prime Koreatown Location
- Long Term Owner - First Time on the Market in Nearly 40 Years
- Exceptional Development Potential with Favorable R4-1 Zoning, Tier 3 TOC, & AB 2097 Eligibility
- Low Price Per Unit (Only $166 Per SF)
- Twelve (12) On-Site Parking Spaces Available
- Oversized Units - Average Over 1,400 SF Per Unit
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.36 AC |
| Property Type | Multifamily | Building Size | 14,428 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1922 |
| Building Class | C | Parking Ratio | 0.78/1,000 SF |
| Zoning | LAR4 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 14,428 SF |
| No. Stories | 2 |
| Year Built | 1922 |
| Parking Ratio | 0.78/1,000 SF |
| Zoning | LAR4 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | $1,605 | - |
PROPERTY TAXES
| Parcel Number | 5077-024-001 | Improvements Assessment | $1,020,000 |
| Land Assessment | $1,275,000 | Total Assessment | $2,295,000 |
PROPERTY TAXES
Parcel Number
5077-024-001
Land Assessment
$1,275,000
Improvements Assessment
$1,020,000
Total Assessment
$2,295,000
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