3318 Drew St | Los Angeles, CA 90065
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3318 Drew St
Los Angeles, CA 90065
24 Units | Huge Upside | Glassell Park · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- 24 units on nearly half-acre lot
- Delivered with at least 9, and likely 11, vacant units
- Projected year one cap rate of 5.1% and market cap rate of 6.9%
- Tremendous opportunity to reposition asset
- Opportunity to relocate remaining tenants
- Desirable unit mix of 67% one-bedrooms & 33% two-bedrooms
PROPERTY FACTS
| No. Units | 24 | Building Size | 16,361 SF |
| Property Type | Multifamily | Average Occupancy | 71% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 0.47 AC | ||
| Zoning | LARD2 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 16,361 SF |
| Average Occupancy | 71% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | LARD2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | $1,311 | 600 |
| 2+1 | 8 | $1,619 | 870 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,069,355 | |
| Land Assessment | $3,104,033 | Total Assessment | $5,173,388 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,104,033
Improvements Assessment
$2,069,355
Total Assessment
$5,173,388
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
