508 Chestnut Ave | Los Angeles, CA 90042
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- LoopNet Team
508 Chestnut Ave
Los Angeles, CA 90042
Chestnut Apartments · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Attractive seller financing! 60% LTV at 6% I/O for 3 years!
- Great Value-Add Opportunity with +/-40% Rental Upside
- Highland Park location, very close to South Pasadena
- Freestanding SFR in the front with Private yard. 5- 1 bed units / 1 bath in the back.
- Soft-Story retrofit complete
- Parking for all units
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Kitchen
- Patio
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | $1,239 | 583 |
| 2+1 | 1 | $2,258 | 696 |
PROPERTY TAXES
| Parcel Number | 5493-033-011 | Improvements Assessment | $600,000 |
| Land Assessment | $750,000 | Total Assessment | $1,350,000 |
PROPERTY TAXES
Parcel Number
5493-033-011
Land Assessment
$750,000
Improvements Assessment
$600,000
Total Assessment
$1,350,000
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