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3247 Fletcher Dr 6 Unit Apartment Building $1,095,000 ($182,500/Unit) 5.10% Cap Rate Los Angeles, CA 90065
Executive Summary
Contact us with your best and final offer
* Next to Glendale
* Attention Developers this property is Zoned LAC-1 Check with la building and safety for more details
* Property is under LAHD
* Owner will pay 4% commission to buyer broker
* Next to Glendale
* Attention Developers this property is Zoned LAC-1 Check with la building and safety for more details
* Property is under LAHD
* Owner will pay 4% commission to buyer broker
Property Facts
| Price | $1,095,000 | Building Class | C |
| Price Per Unit | $182,500 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 2,980 SF |
| Cap Rate | 5.10% | Average Occupancy | 83% |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| No. Units | 6 | Year Built | 1949 |
| Property Type | Multifamily | Parking Ratio | 2.01/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | LAC1 - LAC1 Check with Los Angeles Building and safety for more details | ||
| Price | $1,095,000 |
| Price Per Unit | $182,500 |
| Sale Type | Investment |
| Cap Rate | 5.10% |
| Sale Condition | 1031 Exchange |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 2,980 SF |
| Average Occupancy | 83% |
| No. Stories | 1 |
| Year Built | 1949 |
| Parking Ratio | 2.01/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAC1 - LAC1 Check with Los Angeles Building and safety for more details |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 4 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5458-017-012 | Improvements Assessment | $233,963 |
| Land Assessment | $369,423 | Total Assessment | $603,386 |
Property Taxes
Parcel Number
5458-017-012
Land Assessment
$369,423
Improvements Assessment
$233,963
Total Assessment
$603,386
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3247 Fletcher Dr
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