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5421 Ash St
Los Angeles, CA 90042
$400K Price Reduction | 20 Units Value-Add · Multifamily Property For Sale
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20 Units
Investment Highlights
- Best in Class Highland Park Location-Three blocks to Figueroa Retail Corridor
- Over 69% upside through proactive management
- ADU Potential Trough Converting a Storage Shed in the Rear
- Attractive $130,000 price per unit for Highland Park—one of the lowest PPU on the market
- Attractive unit mix of studio and 1 bedroom floorplans appeals to Highland Park’s creative community
Property Facts
| No. Units | 20 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 12,628 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | ||
| Zoning | LARD2 - Restricted Density Multiple Dwelling | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 12,628 SF |
| No. Stories | 2 |
| Year Built | 1928 |
| Zoning | LARD2 - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | - | 475 |
| 1+1 | 5 | - | 700 |
Property Taxes
| Parcel Number | 5469-029-021 | Improvements Assessment | $561,000 |
| Land Assessment | $1,632,000 | Total Assessment | $2,193,000 |
Property Taxes
Parcel Number
5469-029-021
Land Assessment
$1,632,000
Improvements Assessment
$561,000
Total Assessment
$2,193,000
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