3438 McKinley Ave | Los Angeles, CA 90011
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- LoopNet Team
3438 McKinley Ave
Los Angeles, CA 90011
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Excellent 8 Unit apartment building with approximately 185% in rental upside!
- Excellent unit mix of (8) 3-Bed/1-Bath Units in a growing neighborhood of Los Angeles
- Minutes from new development in Downtown LA, USC and neighboring areas
- Stabilizes at 15.42% Cap rate and 4.97 GRM
- Priced at only $175/SF, one of the best $/SF buildings in the market
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 8,816 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | ||
| Zoning | LARD1.5 - restricted Density Multiple Dwelling | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 8,816 SF |
| No. Stories | 2 |
| Year Built | 1928 |
| Zoning | LARD1.5 - restricted Density Multiple Dwelling |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 8 | $3,765 | - |
PROPERTY TAXES
| Parcel Number | 5114-016-011 | Improvements Assessment | $768,590 |
| Land Assessment | $669,309 | Total Assessment | $1,437,899 |
PROPERTY TAXES
Parcel Number
5114-016-011
Land Assessment
$669,309
Improvements Assessment
$768,590
Total Assessment
$1,437,899
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