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341 S Alvarado St
Los Angeles, CA 90057
Ozmun Apartments · Multifamily Property For Sale
·
37 Units
Investment Highlights
- The Neema Group of Marcus & Millichap is pleased to present 342 S Alvarado St, an apartment investment opportunity Westlake
- At the asking price, the property is being offered at $229 with significant rental upside of over 40% as units turn
- High Walk Score of 93, residents benefit from multiple metro bus line stops along 6th Ave and just one mile from the metro rail lines
- The property features a unit mix made up of 24 singles and 9 one-bedrooms and 4 two-bedrooms
- The building has a gated, secure entrance and community laundry
- Central location that is beneficial for residents that commute throughout the city with close proximity to Downtown Los Angeles, Koreatown, Echo Park
Property Facts
| No. Units | 37 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 30,145 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1927 |
| Building Class | C | ||
| Zoning | LAC2 | ||
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 30,145 SF |
| No. Stories | 5 |
| Year Built | 1927 |
| Zoning | LAC2 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Tub/Shower
Site Amenities
- Controlled Access
- Courtyard
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 37 | - | 750 |
| 1+1 | 9 | - | 750 |
| 2+1 | 4 | - | 750 |
Property Taxes
| Parcel Number | 5154-030-015 | Improvements Assessment | $1,532,458 |
| Land Assessment | $2,040,000 | Total Assessment | $3,572,458 |
Property Taxes
Parcel Number
5154-030-015
Land Assessment
$2,040,000
Improvements Assessment
$1,532,458
Total Assessment
$3,572,458
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