5350 San Vicente Blvd
Los Angeles, CA 90019
2 Adjacent Apartment Buildings: Major Upside! · Multifamily Property For Sale
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14 Units
Property Facts
| No. Units | 14 | Building Size | 8,471 SF |
| Property Type | Multifamily | Average Occupancy | 60% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1952 |
| Building Class | C | Parking Ratio | 0.83/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | LAC1 | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 8,471 SF |
| Average Occupancy | 60% |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | LAC1 |
About 5350 SAN VICENTE BLVD , LOS ANGELES, CA 90019
• Price reduced! Seller motivated! • Value added opportunity: Major upside potential • Two adjacent parcels with two 2-story apartment buildings (all 1-bedroom/1-bath units) • Current $103,896 gross annual income (6 total vacant units) • 5350 San Vicente Blvd: 8 apartment units built in 1952 (4 vacant) • 1255 S Cochran Ave: 3 ground floor office units and 3 second floor legal apartment units built in 1950 (2 vacant office units): 1 office unit being lived in was converted to residential without a permit. • 7 surface parking spaces • Located at the SW corner of San Vicente Blvd and Cochran Ave • APN 5085-014-039,040 • Zoned LA C1 • Fantastic investment opportunity! • $254,545 per unit; with no value attributed to vacant offices and non-permitted apartment • Submit all offers!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,039,380 | |
| Land Assessment | $3,272,160 | Total Assessment | $4,311,540 |
Property Taxes
