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3523 S Sepulveda Blvd 5 Unit Apartment Building $1,740,000 ($348,000/Unit) 3% Cap Rate Los Angeles, CA 90034
INVESTMENT HIGHLIGHTS
- Prime West LA Location Along Sepulveda Blvd
- Culver City Adjacent
- 7 Miles Away from LAX Airport
- Added Value with Below Market Rents and Vacant Unit
- Down the Street from CA 10 and 405 Freeway
- Already Retrofitted
EXECUTIVE SUMMARY
5-Unit Apartment Complex Located in Sepulveda Blvd Corridor
One unit is currently and can be delivered vacant.
CAP Rate is based on Proforma with Vacant Unit being Leased.
Property in great condition!
Conveniently located with quick access to WLA and Beverly Hills
One unit is currently and can be delivered vacant.
CAP Rate is based on Proforma with Vacant Unit being Leased.
Property in great condition!
Conveniently located with quick access to WLA and Beverly Hills
PROPERTY FACTS
| Price | $1,740,000 | Building Class | C |
| Price Per Unit | $348,000 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 5,382 SF |
| Cap Rate | 3% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 1.14/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 - Multifamily | ||
| Price | $1,740,000 |
| Price Per Unit | $348,000 |
| Sale Type | Investment |
| Cap Rate | 3% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,382 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | LAR3 - Multifamily |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 750 - 770 |
| 2+1 | 3 | - | 855 - 980 |
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 4252-004-004 | Improvements Assessment | $460,033 |
| Land Assessment | $1,082,432 | Total Assessment | $1,542,465 |
PROPERTY TAXES
Parcel Number
4252-004-004
Land Assessment
$1,082,432
Improvements Assessment
$460,033
Total Assessment
$1,542,465
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3523 S Sepulveda Blvd
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