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29403 Indian Valley Rd
Rancho Palos Verdes, CA 90275
Multifamily Property For Sale
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4 Units
Investment Highlights
- 4-Unit Apartment in A+ Rancho Palos Verdes Location | Outstanding Unit Mix | Ocean Views | No Local Rent Control - Defaults to AB 1482
- 5,324 SF of Living Area on Large 13,489-SF Lot | | 1972 Construction
- One Unit with Washer/Dryer Hook-Ups | Laundry Room with New Washers & Dryers | 4 Garages Spaces + 4 Tandem Spaces
- 3-Bedroom Unit Delivered Vacant - Desirable Owner/User Opportunity | Spacious Units | Private Patios & Balconies
- Newer Roof, New Hot Water Heaters, New Furnaces & Upgraded Garage Doors
- 4.37% Cap Rate & 15.96 GRM with Pro-Forma Cap Rate of 5.56% | Qualifies for Residential Financing
Property Facts
| No. Units | 4 | Building Size | 5,324 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1972 |
| Apartment Style | Garden | Parking Ratio | 2.25/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | RPRM3600* - Residential dwelling units | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.31 AC |
| Building Size | 5,324 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.25/1,000 SF |
| Zoning | RPRM3600* - Residential dwelling units |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Patio
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2.5 | 1 | $4,500 | - |
| 3+2.5 | 1 | $4,300 | - |
| 2+2 | 1 | $2,800 | - |
| 2+1.5 | 1 | $2,500 | - |
Property Taxes
| Parcel Number | 7585-010-006 | Improvements Assessment | $1,075,000 |
| Land Assessment | $1,500,000 | Total Assessment | $2,575,000 |
Property Taxes
Parcel Number
7585-010-006
Land Assessment
$1,500,000
Improvements Assessment
$1,075,000
Total Assessment
$2,575,000
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