This Multifamily Property is no longer advertised on LoopNet.com.

316 N Bixel St
Los Angeles, CA 90026
Multifamily Property For Sale · 8 Units

Investment Highlights

  • Six Units Beautifully Renovated
  • Over 25% Remaining Upside in the Rents
  • Attractive True, Going-In Cap Rate of 4.17%
  • Common Areas Renovated Preserving the Character of the Property
  • Offered at an Incredible $218,750 per Unit
  • Excellent Location Adjacent to Downtown LA at the Intersection of Echo Park, Historic Filipinotown and City West

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.08 AC
Building Size 3,704 SF
Average Occupancy 100%
No. Stories 2
Year Built 1910
Zoning CW - Multiple Dwelling Category.

Amenities

Unit Amenities

  • Air Conditioning
  • Tile Floors
  • Hardwood Floors
  • Stainless Steel Appliances

Site Amenities

  • Laundry Facilities
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 - -
1+1 4 - -

Property Taxes

Property Taxes

Parcel Number
5160-021-022
Land Assessment
$835,000
Improvements Assessment
$400,000
Total Assessment
$1,235,000
  • Listing ID: 24536004

  • Date on Market: 11/22/2021

  • Last Updated:

  • Address: 316 N Bixel St, Los Angeles, CA 90026

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