Log In/Sign Up
512 S Park View St
Los Angeles, CA 90057
Multifamily Property For Sale
·
39 Units
Investment Highlights
- A 39-unit apartment building in the Westlake neighborhood of Los Angeles located between W 3rd St & W 6th St, walking distance to MacArthur Park
- The property is being offered at a low $283 PSF, 5.00% CAP rate and 11.33 GRM on current income with an additional 22% rental upside achievable as uni
- High Walk Score of 92, residents benefit from multiple metro bus line stops along 6th Ave and just one mile from the metro rail lines
- A unit mix made up of 31 singles and eight one-bedrooms; three units (two singles and one one-bedroom) will be delivered vacant at the close of escrow
- The building has a gated, secure entrance with an intercom system, there is also community laundry
- Central location that is beneficial for residents that commute throughout the city with close proximity to Downtown Los Angeles, Koreatown, Echo Park
Property Facts
| No. Units | 39 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 22,120 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1928 |
| Building Class | C | ||
| Zoning | R4, Los Angeles | ||
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 22,120 SF |
| No. Stories | 4 |
| Year Built | 1928 |
| Zoning | R4, Los Angeles |
Amenities
Unit Amenities
- Heating
- Kitchen
Site Amenities
- On-Site Retail
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 31 | - | - |
| 1+1 | 8 | - | - |
Property Taxes
| Parcel Number | 5154-037-031 | Improvements Assessment | $2,279,051 |
| Land Assessment | $1,254,519 | Total Assessment | $3,533,570 |
Property Taxes
Parcel Number
5154-037-031
Land Assessment
$1,254,519
Improvements Assessment
$2,279,051
Total Assessment
$3,533,570
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
