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337 N Benton Way
Los Angeles, CA 90026
20 Units w/ 5.6% CAP & 3.45% Assumable Fin. · Multifamily Property For Sale · 20 Units

Investment Highlights

  • 20 units offered at a 5.61% CAP & 11.39 GRM near Echo Park & Silver Lake (1 mile south of Sunset Blvd)
  • Current ownership recently upgraded the property with new HVAC, electrical, plumbing, tankless water heaters, and a new roof
  • Property amenities include 13 side-by-side parking spaces (no retrofitting required), a laundry room with coinless machines, and a storage room
  • Assumable financing available at 3.45% (amortized) fixed until 2030
  • All units are renovated and feature recessed lighting, wood-laminate flooring, updated cabinetry, stainless-steel appliances, and a wall A/C unit

Property Facts

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 8,286 SF
Average Occupancy 90%
No. Stories 2
Year Built 1963
Parking Ratio 1.57/1,000 SF
Zoning LARD2 - Primarily intended for two-family dwellings (duplexes), but may also permit single-family homes in some areas

Amenities

Unit Amenities

  • Stainless Steel Appliances
  • Breakfast Nook

Site Amenities

  • Laundry Facilities
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 20 $1,625 -

Property Taxes

Property Taxes

Parcel Number
5156-025-015
Land Assessment
$1,324,225
Improvements Assessment
$682,547
Total Assessment
$2,006,772
  • Listing ID: 28711214

  • Date on Market: 6/9/2023

  • Last Updated:

  • Address: 337 N Benton Way, Los Angeles, CA 90026

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