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4300 Gateway Ave
Los Angeles, CA 90029
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Duplex w/ brand-new ADU in Silver Lake, just one block from Sunset Boulevard and close to Erewhon Silverlake & to popular restaurants and cafes.
- Financial Metrics: Pro-forma cap rate of 6.94% and pro-forma GRM of 11.13. Parking and Amenities: Includes three garages and washer/dryer hook-ups.
- Financing and Eligibility: Qualifies for residential financing.
- Consists of two 2-bedroom/1.25-bathroom units and one new studio ADU. Brand-new ADU delivered vacant, offering an ideal owner-user opportunity.
- Expense Structure: Tenants cover trash, gas, and electricity expenses, resulting in low operating costs for the landlord.
- Neighborhood Perks: Centrally positioned near dining, office, retail, and entertainment options along Sunset Boulevard, Santa Monica Boulevard, and Ho
Property Facts
| No. Units | 3 | Building Size | 3,454 SF |
| Property Type | Multifamily | Average Occupancy | 67% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1921/2021 |
| Building Class | C | Parking Ratio | 1.74/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | LAR2 - Restricted Density Multiple Dwelling | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,454 SF |
| Average Occupancy | 67% |
| No. Stories | 2 |
| Year Built/Renovated | 1921/2021 |
| Parking Ratio | 1.74/1,000 SF |
| Zoning | LAR2 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Hardwood Floors
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 2 | $2,346 | - |
| Studios | 1 | $2,095 | - |
Property Taxes
| Parcel Number | 5429-004-013 | Improvements Assessment | $134,745 |
| Land Assessment | $107,102 | Total Assessment | $241,847 |
Property Taxes
Parcel Number
5429-004-013
Land Assessment
$107,102
Improvements Assessment
$134,745
Total Assessment
$241,847
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