4119 Santo Tomas Dr | Los Angeles, CA 90008
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- LoopNet Team
4119 Santo Tomas Dr
Los Angeles, CA 90008
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Value Add Opportunity: 12-units located in the emerging Baldwin Village neighborhood of Los Angeles. Current rents are approximately 65% under market
- Favorable Unit Mix: Building consists of (6) one-bedroom/one-bathroom units and (6) two-bedroom/one-bathroom units
- 36-Unit Portfolio Opportunity: Can be purchased with 4073 West Boulevard, 24-units located just two blocks away (36-unit portfolio)
- Attractive Deal Metrics: Priced below replacement cost at $158,333 per unit and $158.68 per foot
- Property Features: The apartments boast spacious layouts with plenty of natural lighting. The property is fully-parked, with (12) covered garage spac
- Land/Zoning: The 11,974 sf building sits on a large 19,260 sf lot that is LAR3 zoned (Tier 2 TOC) and located in an Opportunity Zone
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.44 AC |
| Property Type | Multifamily | Building Size | 11,974 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Zoning | LAR3 - Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 11,974 SF |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 1/1,000 SF |
| Zoning | LAR3 - Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Freezer
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 5032-014-001 | Improvements Assessment | $700,000 |
| Land Assessment | $3,170,000 | Total Assessment | $3,870,000 |
PROPERTY TAXES
Parcel Number
5032-014-001
Land Assessment
$3,170,000
Improvements Assessment
$700,000
Total Assessment
$3,870,000
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