3407-3411 Drew St | Los Angeles, CA 90065
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3407-3411 Drew St
Los Angeles, CA 90065
Drew St Apartments · Multifamily Property For Sale
·
31 Units
Investment Highlights
- Rare Opportunity to Purchase a 31-Unit Portfolio in Glassell Park
- Almost Entirely Spacious Two-Bedroom Units (77% of Units)
- Attractively Priced at a 10.40 Gross Rent Multiplier
- Zero (0) Properties have Sold Over 30 Units in Glassell Park in the Last Three (3) Years
- Nine (9) of the Units are Two-Story Two-Bedroom Townhome Style Units
- Value-Add Component: At Least 30% Rental Upside
Property Facts
| No. Units | 31 | Building Size | 23,207 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Mid-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.34/1,000 SF |
| Lot Size | 0.62 AC | ||
| Zoning | RD2 | ||
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 23,207 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | RD2 |
Amenities
Unit Amenities
- Kitchen
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | $1,625 | 600 |
| 2+1 | 15 | $1,542 | 700 |
| 2+1.5 | 9 | $1,684 | 850 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,945,462 | |
| Land Assessment | $2,630,308 | Total Assessment | $6,575,770 |
Property Taxes
Parcel Numbers
Land Assessment
$2,630,308
Improvements Assessment
$3,945,462
Total Assessment
$6,575,770
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