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3414 W 17th St
Los Angeles, CA 90019
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Priced attractively at ~$205K per unit; in-place cap rate of 4.76%, a Pro Forma cap rate of 9.23%, and a 9.67% cap rate with the addition of an ADU
- ADU plans are complete and submitted to the City for approval
- An astute Buyer can increase the NOI by approximately $50K per year by adding 2 ADUs in the existing parking lot*
Property Facts
| No. Units | 8 | Building Size | 6,674 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.65/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LAR3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 6,674 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.65/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 550 |
| 2+1 | 2 | - | 850 |
Property Taxes
| Parcel Number | 5072-022-023 | Improvements Assessment | $642,600 |
| Land Assessment | $969,000 | Total Assessment | $1,611,600 |
Property Taxes
Parcel Number
5072-022-023
Land Assessment
$969,000
Improvements Assessment
$642,600
Total Assessment
$1,611,600
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