3319 Berkeley Ave | Los Angeles, CA 90026
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- LoopNet Team
3319 Berkeley Ave
Los Angeles, CA 90026
2 Parcels | 4.29% CAP Rate | 50% Upside · Multifamily Property For Sale
·
7 Units
Investment Highlights
- Six (6) Individual Bungalow Units built in 1924, and one (1) – SFR built in 1940 on second parcel
- The 2+1 SFR is non-RSO and is Not Under any City Rent Control Laws
- Very Low Maintenance Property with Minor Operating Expenses
- 4.29% CAP Rate with Over 50% Rental Upside Potential
- All Units are Individually Metered for Gas & Electric with Separate Water Heaters
- High Density Rental Market with Strong Demographics
Property Facts
| No. Units | 7 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 3,444 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Building Class | C | Year Built | 1924 |
| Zoning | LARD2 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,444 SF |
| No. Stories | 1 |
| Year Built | 1924 |
| Zoning | LARD2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $612,653 | |
| Land Assessment | $1,443,962 | Total Assessment | $2,056,615 |
Property Taxes
Parcel Numbers
Land Assessment
$1,443,962
Improvements Assessment
$612,653
Total Assessment
$2,056,615
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