2904 W 14th St | Los Angeles, CA 90006
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- LoopNet Team
2904 W 14th St
Los Angeles, CA 90006
A 7-Unit Value-Add Apartment Near Koreatown · Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- There is 57 percent remaining rental upside through interior renovations
- Bordered by Mid-City, Koreatown, West Adams, and DTLA, Harvard Heights offers a strong value proposition for tenants priced out of nearby submarkets
- Located in a dense pocket of Harvard Heights. With a walk score of 93 ‘walker’s paradise’ – daily errands do not require a car
- Current ownership installed security cameras & replaced the roof in 2019
- New ownership may add ADUs for future growth and appreciation—buyer to verify.
- Family owned and operated for the last 36+ Years
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,296 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | B | Parking Ratio | 1.86/1,000 SF |
| Zoning | R2-1-HPOZ | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 4,296 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.86/1,000 SF |
| Zoning | R2-1-HPOZ |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 300 |
| 1+1 | 4 | - | 550 |
| 2+1 | 1 | - | 700 |
| 3+2 | 1 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 5074-004-009 | Improvements Assessment | $131,343 |
| Land Assessment | $525,435 | Total Assessment | $656,778 |
PROPERTY TAXES
Parcel Number
5074-004-009
Land Assessment
$525,435
Improvements Assessment
$131,343
Total Assessment
$656,778
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