This Multifamily Property is no longer advertised on LoopNet.com.

4136 Abner St
Los Angeles, CA 90032
Multifamily Property For Sale · 14 Units

Property Facts

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.38 AC
Building Size 10,500 SF
Average Occupancy 93%
No. Stories 2
Year Built 1961
Parking Ratio 1.33/1,000 SF
Zoning LARD2

Amenities

Unit Amenities

  • Air Conditioning
  • Ceiling Fans
  • Hardwood Floors
  • Oven

Site Amenities

  • Laundry Facilities

About 4136 ABNER ST , LOS ANGELES, CA 90032

Just Reduced Over $100,000! We are pleased to exclusively offer for sale this 14 unit multi-family investment property located in the city of El Sereno. With a superb unit mix, significant upside in rental income, and located in a primarily residential neighborhood, the subject property is poised for a new investor to reposition the asset and take advantage of continuously gentrifying community. The unit mix consists of 1(3bed+2bath), 8(2bed+1bath)s, 4(1bed+1baths)s, and 1 Studio unit. Tenants pay for their own electricity and gas usage while the owner pays for water and trash. Additionally, tenants enjoy onsite car-port parking, private courtyard setting, and an onsite washer and dryer facility. With a lucrative 30% upside in rental income, while located in a rent-controlled area, a new investor overtime can bring rents to market level and increase the cash-on-cash return to well over 7+%.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $1,468 -
2+1 8 $1,250 -
1+1 4 $864.50 -
Studios 1 $1,150 -

Property Taxes

Property Taxes

Parcel Number
5215-001-006
Land Assessment
$1,432,673
Improvements Assessment
$1,093,645
Total Assessment
$2,526,318
  • Listing ID: 14537514

  • Date on Market: 12/3/2018

  • Last Updated:

  • Address: 4136 Abner St, Los Angeles, CA 90032

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