5525 Ash St | Los Angeles, CA 90042
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- LoopNet Team
5525 Ash St
Los Angeles, CA 90042
Aiden on Ash · Multifamily Property For Sale
·
40 Units
Investment Highlights
- Part of the 7-Property, 238-unit ViveLA portfolio. May be purchased on an individual, multi-property, or complete portfolio basis.
- Almost all mechanical systems and deferred maintenance needs have been addressed. Investors can focus on remaining unrenovated units.
- Proven interior renovation scope to emulate and capture 92%+ in remaining rental income upside.
- HIghland Park Is a Hot Submarket - 57% of the population are renters, average HHI is $98,880, and there is a 474% affordability gap to home ownership.
Property Facts
| No. Units | 40 | Building Size | 32,884 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.22/1,000 SF |
| Lot Size | 0.90 AC | ||
| Zoning | LARD2 - 0500 - 5 Or More Apts Or Units, Coop Or Oyo Projects - 4 | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 32,884 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.22/1,000 SF |
| Zoning | LARD2 - 0500 - 5 Or More Apts Or Units, Coop Or Oyo Projects - 4 |
Amenities
Unit Amenities
- Balcony
- Washer/Dryer
- Stainless Steel Appliances
- Walk-In Closets
- Patio
- Vinyl Flooring
Site Amenities
- Controlled Access
- Laundry Facilities
- Pool
- Tenant Controlled HVAC
- Energy Star Labeled
- Sundeck
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 664 |
| 2+1 | 6 | - | 769 - 784 |
| 2+2 | 14 | - | 891 - 942 |
| 3+2 | 4 | - | 1,160 - 1,191 |
Property Taxes
| Parcel Number | 5469-029-033 | Improvements Assessment | $4,896,000 |
| Land Assessment | $7,344,000 | Total Assessment | $12,240,000 |
Property Taxes
Parcel Number
5469-029-033
Land Assessment
$7,344,000
Improvements Assessment
$4,896,000
Total Assessment
$12,240,000
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