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This Multifamily Property is no longer advertised on LoopNet.com.
4121 Marmion Way
Los Angeles, CA 90065
31% VACANT! 9.48% Prof. CAP, 16-u Value-add · Multifamily Property For Sale
·
16 Units

Investment Highlights
- 9.48% Proforma CAP Rate, 31% Vacant (5 units vacant) in Mount Washington; surrounded by SFR properties
- Excellent demographics with ±$122,496 average household income within a-mile radius
- Capital Improvements: New roof installed in 2021, upgraded front windows, seismic retrofit in 2015 (bolted foundation)
- Excellent location: walk to Southwest Museum, Lumis House, and Metro Gold Line Station (Heritage Square)
- Very well-maintained apartment with an excellent curb appeal; Excellent unit mix of 50% 2bedroom units, large units
- Individually metered for electricity and gas, shared laundry room (seller own laundry machines)
Property Facts
| No. Units | 16 | Building Size | 11,984 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.34/1,000 SF |
| Lot Size | 0.40 AC | ||
| Zoning | R1, Los Angeles | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 11,984 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | R1, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Ceiling Fans
- Dining Room
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 700 - 800 |
| 2+1 | 8 | - | 900 - 1,000 |
Links
Property Taxes
| Parcel Number | 5465-022-016 | Improvements Assessment | $671,332 |
| Land Assessment | $1,568,158 | Total Assessment | $2,239,490 |
Property Taxes
Parcel Number
5465-022-016
Land Assessment
$1,568,158
Improvements Assessment
$671,332
Total Assessment
$2,239,490
Listing ID: 32138777
Date on Market: 6/14/2024
Last Updated:
Address: 4121 Marmion Way, Los Angeles, CA 90065
The Mount Washington Multifamily Property at 4121 Marmion Way, Los Angeles, CA 90065 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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