3280 Provon Ln | Los Angeles, CA 90034
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3280 Provon Ln
Los Angeles, CA 90034
Multifamily Property For Sale
·
11 Units
Investment Highlights
- Unique opportunity for strategic repositioning in a low-turnover area on a tranquil street surrounded by multi-million dollar homes
- 6.63% EOY1 cap rate
- 3 of the vacant units are mostly renovated
- 7 of 11 units delivered vacant
- One non-conforming unit with ADU potential delivered vacant
- New Title 24-compliant roof has been installed within the past year, ensuring improved energy efficiency and long-term durability
Property Facts
| No. Units | 11 | Building Size | 7,889 SF |
| Property Type | Multifamily | Average Occupancy | 36% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 0.71/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LAR3 - Five Or More Units Or Apartments | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,889 SF |
| Average Occupancy | 36% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | LAR3 - Five Or More Units Or Apartments |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Ceiling Fans
- Refrigerator
- Tub/Shower
- Vinyl Flooring
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $2,360 | 700 |
| 2+1 | 1 | $2,900 | 875 |
Property Taxes
| Parcel Number | 4311-003-012 | Improvements Assessment | $640,000 |
| Land Assessment | $2,300,000 | Total Assessment | $2,940,000 |
Property Taxes
Parcel Number
4311-003-012
Land Assessment
$2,300,000
Improvements Assessment
$640,000
Total Assessment
$2,940,000
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