4309 W Adams Blvd | Los Angeles, CA 90018
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- LoopNet Team
4309 W Adams Blvd
Los Angeles, CA 90018
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Fully renovated property and tenants at market rents mean a long-term stable investment for any new owner
- Turnkey property offers strong cash flow with a healthy $2.65 rent per SF and $186,016 NOI in flourishing West Adams
- Qualified for Opportunity Zone tax deferral for any savvy investor with upcoming capital gains
- Demonstrated demand for the privacy of a smaller building, dedicated parking and dual-entrance units
- Multiple value-add opportunities: add 4-6 ADU units for up to +/- 3,000 SF or build up to 7 floor of mixed use for approx. 31,800 SF
- By-right development potential of up to 7 total floors and approx. 31,800 SF mixed use building using TOD Tier 4 and Crenshaw Corridor Specific Plan
Property Facts
| No. Units | 12 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 8,850 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1954 |
| Building Class | B | Parking Ratio | 0.9/1,000 SF |
| Zoning | LAC2-1-SP TOC Tier 4 - Commerical | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.25 AC |
| Building Size | 8,850 SF |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 0.9/1,000 SF |
| Zoning | LAC2-1-SP TOC Tier 4 - Commerical |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
- Window Coverings
Site Amenities
- 24 Hour Access
- Controlled Access
- Public Transportation
- Individual Locking Bedrooms
- Smoke Detector
Property Taxes
| Parcel Number | 5059-005-005 | Improvements Assessment | $690,546 |
| Land Assessment | $1,276,642 | Total Assessment | $1,967,188 |
Property Taxes
Parcel Number
5059-005-005
Land Assessment
$1,276,642
Improvements Assessment
$690,546
Total Assessment
$1,967,188
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