4196 5th Ave | Los Angeles, CA 90008
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- LoopNet Team
4196 5th Ave
Los Angeles, CA 90008
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Excellent in-place cap rate of 5.68%
- 2 units delivered vacant
- Opportunity to implement RUBS program
- In place rents are approximately 43% under market
- The property has 6 garages, that have potential to be converted into 1-2 ADUs
- All units are extremely spacious with very high ceilings and old Hollywood aesthetics
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 5,844 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1939 |
| Building Class | C | Parking Ratio | 1.03/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,844 SF |
| No. Stories | 2 |
| Year Built | 1939 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $2,425 | - |
PROPERTY TAXES
| Parcel Number | 5023-022-016 | Improvements Assessment | $261,277 |
| Land Assessment | $199,796 | Total Assessment | $461,073 |
PROPERTY TAXES
Parcel Number
5023-022-016
Land Assessment
$199,796
Improvements Assessment
$261,277
Total Assessment
$461,073
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