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2910 W 8th St
Los Angeles, CA 90005
La Bandera Apartments · Multifamily Property For Sale
·
43 Units
Investment Highlights
- The Neema Group is pleased to present a 43-unit investment opportunity at 2910 W 8th St in Koreatown
- Offered at $100,000 per unit at $192 PSF at a 6.30% CAP rate and 7.63 GRM on current income
- The subject property totals 36 single units and seven one-bedrooms
- Additional 32% rental upside achievable as units turn
Property Facts
| No. Units | 43 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 22,400 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1926 |
| Building Class | C | ||
| Zoning | C2-2, Los Angeles - Commercial | ||
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 22,400 SF |
| No. Stories | 4 |
| Year Built | 1926 |
| Zoning | C2-2, Los Angeles - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 36 | - | 600 |
| 1+1 | 7 | - | 750 |
Property Taxes
| Parcel Number | 5077-023-014 | Improvements Assessment | $280,676 |
| Land Assessment | $1,056,264 | Total Assessment | $1,336,940 |
Property Taxes
Parcel Number
5077-023-014
Land Assessment
$1,056,264
Improvements Assessment
$280,676
Total Assessment
$1,336,940
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