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3311 Smith St
Los Angeles, CA 90031
6 Detached Homes on Huge Lot w/Room to Build · Multifamily Property For Sale
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6 Units
Investment Highlights
- VALUE ADD DEAL - 100% UPSIDE IN RENTS ON THE EXISTING 6 UNITS, PLUS UPSIDE TO BUILD ON THE VACANT PORTION OF THE LOT
- 100% Rent Collection During COVID.
- Potential to Build 2 Units By Right or 5 Units Using TOC, & Subdivide the Lot Into 2 Lots. Also Potential to Build an ADU on the Smith St side
Property Facts
| No. Units | 6 | Building Size | 3,510 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1937 |
| Lot Size | 0.43 AC | Parking Ratio | 3.42/1,000 SF |
| Zoning | [Q]LARD2-1D | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.43 AC |
| Building Size | 3,510 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1937 |
| Parking Ratio | 3.42/1,000 SF |
| Zoning | [Q]LARD2-1D |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | $1,185 | - |
| 3+2 | 1 | $1,156 | - |
Property Taxes
| Parcel Number | 5207-001-007 | Improvements Assessment | $524,437 |
| Land Assessment | $966,070 | Total Assessment | $1,490,507 |
Property Taxes
Parcel Number
5207-001-007
Land Assessment
$966,070
Improvements Assessment
$524,437
Total Assessment
$1,490,507
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