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4009 Stevely Ave
Los Angeles, CA 90008
4009 Stevely Ave 90008 - 100% Occ. & Stable · Multifamily Property For Sale
·
18 Units
PROPERTY FACTS
| No. Units | 18 | Building Size | 16,864 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1962/2016 |
| Building Class | C | Parking Ratio | 0.83/1,000 SF |
| Lot Size | 0.29 AC | ||
| Zoning | R3, Los Angeles | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 16,864 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2016 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | R3, Los Angeles |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Granite Countertops
- Wi-Fi
- Grill
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Property Manager on Site
ABOUT 4009 STEVELY AVE , LOS ANGELES, CA 90008
Just reduced $100K! 18 Unit building in a high demand rent area provides very little turnover and long term cash flows. Current rents are ± 24% under market rates which. All earthquake retro fitting has been completed! Extensively upgraded and modernized units including all major capital expense items such as plumbing, electrical, HVAC's, painting, electric entry gate, decking, doors and dual pane windows. (1) Studio, (3) 1+1 Units, (13) 2+2 Units, (1) 3+2 Unit Fully assumable loan @ 4.07% for another 4.5 years at ± $2,700,000. Existing gross scheduled income (GSI) is $317,520.00, assuming a new investor brought all units to up to market rents, assumed annual GSI would be ± $423,840.00.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 750 |
| 2+2 | 13 | - | 950 - 1,000 |
| 3+2 | 1 | - | 1,200 - 1,275 |
PROPERTY TAXES
| Parcel Number | 5028-003-014 | Improvements Assessment | $1,533,836 |
| Land Assessment | $3,586,391 | Total Assessment | $5,120,227 |
PROPERTY TAXES
