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441 S Commonwealth Ave
Los Angeles, CA 90020
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Only $278/sf!!!
- Approximately 57% upside in rents Proforma 7.3% Cap Rate
- Seismic Retrofit recently completed by the seller - Approx. 12 parking spaces
- 100% Occupied Excellent Rent Collections
- Good unit mix of ten (10) 1+1's and two (2) 2+2's
- Thriving Koreatown location near Vermont Ave. and 3rd St. - Walk Score: 92 out of 100
Property Facts
| No. Units | 12 | Building Size | 10,049 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.19/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | LAR4 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 10,049 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | LAR4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+2 | 2 | - | - |
Property Taxes
| Parcel Number | 5077-001-017 | Improvements Assessment | $1,040,400 |
| Land Assessment | $1,513,782 | Total Assessment | $2,554,182 |
Property Taxes
Parcel Number
5077-001-017
Land Assessment
$1,513,782
Improvements Assessment
$1,040,400
Total Assessment
$2,554,182
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