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3915 Stevely Ave
Los Angeles, CA 90008
Multifamily Property For Sale
·
12 Units
Investment Highlights
- 3915 Stevely Ave is an attractive 12-unit apartment community located in Baldwin Village just east of S La Brea Ave.
- This is an ideal value-add investment opportunity with current rents below market and current loss-to-lease of 25% with a pro forma CAP rate of 6.12%
- The building benefits from a centralized location in Baldwin Village minutes from Kaiser Permanente and the Baldwin Hills Crenshaw Plaza Development
- The property consists of ten spacious one-bedrooms and two two-bedrooms with a secure, gated entry.
- 15 total gated parking spaces (seven singles and four tandem) and a community laundry room with two washers and two dryer
- Inglewood’s new sports and entertainment complex SOFI Stadium (6 miles from the subject property) has created 12,000 full- and part-time jobs annually
Property Facts
| No. Units | 12 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 8,816 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.13/1,000 SF |
| Zoning | R3, Los Angeles | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 8,816 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | R3, Los Angeles |
Amenities
Unit Amenities
- Oven
- Dining Room
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+1 | 2 | - | - |
Property Taxes
| Parcel Number | 5030-003-019 | Improvements Assessment | $936,360 |
| Land Assessment | $1,820,700 | Total Assessment | $2,757,060 |
Property Taxes
Parcel Number
5030-003-019
Land Assessment
$1,820,700
Improvements Assessment
$936,360
Total Assessment
$2,757,060
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