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3551 Sabina St
Los Angeles, CA 90023
Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.16 AC
Building Size 6,169 SF
No. Stories 2
Year Built 2019
Parking Ratio 1.3/1,000 SF
Zoning LARD1.5 - LARD 1.5

About 3551 SABINA ST , LOS ANGELES, CA 90023

2 UNITS RENTED*****NEW CONSTRUCTION **brand new 4 -unit investment property. (2) 4 bed/ 3 bath ( 1,787 Sq. Ft each) (2) 3 bed/ 2 bath ( 1,298 Sq.Ft) Purchase price $2,199,999 (Projected ) Pro-Forma Monthly Gross Rent: $12,900. (1) unit 3/2 (Back Upper) is currently rented for 12 months for $2,900. (1) 4 bed/ 3 bath currently rented for 12 month for $3,600-Forma Annual Gross Rent: $154,800 Vacancy (5.2%): $7,860. Pro-Forma NOI: $115,168. CAP RATE 5.2%(@ $2,199,999 Purchase Price) GRM (@ $2,199,999 Purchase Price): 14.0* Next to downtown LA Arts District, Little Tokyo, USC Medical Center, The Antonio Winery, Mariachi Plaza and much more. Conveniently minutes away from the Metro gold line, quick access to the 10, 110, 101, 5, 10, 60, 710 freeways, Individually metered for electric, gas, and water * individual tankless water heater* Central A/C and Heat* Washer & Dyer* Refrigerator* Investment Opportunity* Brand-New Construction* Multifamily Apartment Complex*

Property Taxes

Property Taxes

Parcel Number
5188-003-035
Land Assessment
$568,913
Improvements Assessment
$776,049
Total Assessment
$1,344,962
  • Listing ID: 17994447

  • Date on Market: 12/18/2019

  • Last Updated:

  • Address: 3551 Sabina St, Los Angeles, CA 90023

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