This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3614-3618 Pasadena Ave
Los Angeles, CA 90031
106-112 E. Avenue 37 · Multifamily Property For Sale
·
25 Units
PROPERTY FACTS
| No. Units | 25 | Building Size | 14,764 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1924 |
| Apartment Style | Garden | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Lot Size | 1.18 AC | ||
| Zoning | LARD1.5, LASAR3 | ||
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.18 AC |
| Building Size | 14,764 SF |
| No. Stories | 1 |
| Year Built | 1924 |
| Tenancy | Single |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | LARD1.5, LASAR3 |
ABOUT 3614-3618 PASADENA AVE , LOS ANGELES, CA 90031
BRC Advisors is pleased to offer for sale this twenty-five (25) unit multifamily investment opportunity located in the prime Lincoln Heights neighborhood. This is an excellent development opportunity, consisting of four (4) contiguous parcels, with a square footage of 14,764 on a 51,495-square foot lot. The buildings have been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of nine (9) 1+1 units, eight (8) 2+1 unit, five (5) studios, and three (3) commercials spaces. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation. Site #1 - 106 E. AVENUE 37 | LOS ANGELES, CA 90031 Site #2 - 112 E. AVENUE 37 | LOS ANGELES, CA 90031 Site #3 - 3614 PASADENA AVENUE | LOS ANGELES, CA 90031 Site #4 - VACANT LAND: APN# 5466-027-025 PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS. 2) Submit Offer on a CAR Residential-Income Purchase Agreement. 3) Interior Inspection/Books & Records Granted with an Accepted Offer. 4) Submit Proof of Funds & Pre-Qualification Letter with Offer. 5) Seller Selects all Services Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information above and bears all risk for any inaccuracies.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| 2+1 | 8 | - | - |
| Studios | 5 | - | - |
| 3+1 | 3 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $338,524 | |
| Land Assessment | $979,494 | Total Assessment | $1,318,018 |
PROPERTY TAXES
