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3907 Roxanne Ave
Los Angeles, CA 90008
Multifamily Property For Sale
·
12 Units
Investment Highlights
- An opportunity for an investor to acquire a well-maintained asset with strong in-place cash flow and additional rental upside
- The property features nine gated parking spaces with the soft-story retrofit work already completed.
- Strong cash flow with current CAP rate of 4.28% on current income at the asking price.
- The property consists of nine spacious one-bedrooms and three two-bedrooms; the living rooms are above average in size with large windows and layout
- Well-kept with recent exterior paint, common area courtyard with seating and community laundry room with two washers and two dryers
- Over 21% in rental upside for a buyer to achieve through further interior renovations when units turn
Property Facts
| No. Units | 12 | Lot Size | 0.24 AC |
| Property Type | Multifamily | Building Size | 10,128 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1957 |
| Building Class | C | Parking Ratio | 0.89/1,000 SF |
| Zoning | LAR3 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 10,128 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 0.89/1,000 SF |
| Zoning | LAR3 |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| 2+1 | 3 | - | - |
Property Taxes
| Parcel Number | 5030-009-004 | Improvements Assessment | $936,360 |
| Land Assessment | $1,872,720 | Total Assessment | $2,809,080 |
Property Taxes
Parcel Number
5030-009-004
Land Assessment
$1,872,720
Improvements Assessment
$936,360
Total Assessment
$2,809,080
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