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3245 W Avenue 32
Los Angeles, CA 90065
Multifamily Property For Sale
·
12 Units
Investment Highlights
- GREAT UNIT COMPOSITION: Twelve (12) units - ALL Two Bedroom & Two Bath - Non-rent-controlled apartment community located in Glassell Park, CA (90065).
- STRONG AND STABLE INCOME: Strong & stable income with the opportunity to manage rent increases as units turn
- $35 BILLON LA RIVER MASTER PLAN: The mammoth LA River revitalization master planned project runs just 1 mile away from the property.
- AB 1482 DESIGNATED: Property is not subject to LA City rent control.
- CURRENT RETURNS: Has undergone a systematic high-end renovation of most apartment homes thus creating strong current income.
- NO SEISMIC RETROFIT REQUIRED: The property is not on the list of buildings that require a seismic retrofit.
Property Facts
| No. Units | 12 | Building Size | 11,966 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1990 |
| Building Class | C | Parking Ratio | 2.01/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | R3 - Residential Zoning | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 11,966 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1990 |
| Parking Ratio | 2.01/1,000 SF |
| Zoning | R3 - Residential Zoning |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Hardwood Floors
- Views
- Family Room
- Framed Mirrors
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Security System
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | - | 960 - 1,000 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,721,910 | |
| Land Assessment | $2,791,610 | Total Assessment | $4,513,520 |
Property Taxes
Parcel Numbers
Land Assessment
$2,791,610
Improvements Assessment
$1,721,910
Total Assessment
$4,513,520
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