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4106 Palmwood Dr
Los Angeles, CA 90008
Multifamily Property For Sale
·
20 Units
Investment Highlights
- Day 1 Cash Flow of 9.06%!
- Very large units - averaging over 700 square feet each.
- Available for sale at a 6.19% Cap Rate and 9.98 GRM.
- Terrific assumable loan available at 3.21%, fixed until 2028!
- Permits for four ADUs are in progress - allowing a Buyer to capture some value-add in addition to strong cashflow.
- Established and consistent Section 8 tenancy.
Property Facts
| No. Units | 20 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 7,054 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1954/2020 |
| Building Class | C | ||
| Zoning | LAR3 | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 7,054 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1954/2020 |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
- Pantry
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | 700 - 705 |
Property Taxes
| Parcel Number | 5032-009-010 | Improvements Assessment | $355,136 |
| Land Assessment | $947,036 | Total Assessment | $1,302,172 |
Property Taxes
Parcel Number
5032-009-010
Land Assessment
$947,036
Improvements Assessment
$355,136
Total Assessment
$1,302,172
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