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3209 W Washington Blvd
Los Angeles, CA 90018
Los Angeles Mixed Use Value Add · Multifamily Property For Sale
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11 Units
Investment Highlights
- Two-story mixed-use property consisting of 11 residential units that are fully-occupied and four retail storefront spaces that are 50%-occupied.
- Centrally located on Washington Blvd and in the Park Mile/Arlington Heights Submarket, only minutes to Downtown LA and other popular destinations.
- Opportunity to acquire a cash-flowing multi-family asset with upside potential with below-market rents.
- Excellent visibility and frontage on Washington Boulevard with exposure to a high daily traffic count of over 24,000 vehicles.
- There was approximately $50,000 in renovations completed in 2019, and each unit is separately metered.
Property Facts
| No. Units | 11 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 7,396 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1923 |
| Building Class | C | ||
| Zoning | C2-1VL - Neighborhood Commercial Zone, Los Angeles | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,396 SF |
| No. Stories | 2 |
| Year Built | 1923 |
| Zoning | C2-1VL - Neighborhood Commercial Zone, Los Angeles |
Amenities
Unit Amenities
- Kitchen
Site Amenities
- 24 Hour Access
- On-Site Retail
Property Taxes
| Parcel Number | 5072-030-007 | Improvements Assessment | $64,989 |
| Land Assessment | $310,223 | Total Assessment | $375,212 |
Property Taxes
Parcel Number
5072-030-007
Land Assessment
$310,223
Improvements Assessment
$64,989
Total Assessment
$375,212
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