This Multifamily Property is no longer advertised on LoopNet.com.

560 Gladys Ave
Los Angeles, CA 90013
Multifamily Property For Sale · 67 Units

Investment Highlights

  • $68k per door!
  • one street from The Arts District
  • Opportunity Zone
  • 8.3% Cap at market!

Property Facts

No. Units 67
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.09 AC
Building Size 14,496 SF
Average Occupancy 80%
No. Stories 4
Year Built 1913
Parking Ratio 0.13/1,000 SF
Zoning M2 - Heavy Manufacturing

Amenities

Unit Amenities

  • Heating

About 560 GLADYS AVE , LOS ANGELES, CA 90013

Fantastic Opportunity to Own in Downtown LA. Residential Hotel operating as a an Apartment building. One block from The Arts District. 100% occupied. 100 % sprinklered/Updated plumbing 4.2 % Cap day one with 8.3% Cap at market! 11.9 x gross! Opportunity Zone $68k per door! ****SRO UNITS - Shared bathrooms on each floor****

Property Taxes

Property Taxes

Parcel Number
5147-016-006
Land Assessment
$1,697,932
Improvements Assessment
$1,432,630
Total Assessment
$3,130,562
  • Listing ID: 18195851

  • Date on Market: 1/15/2020

  • Last Updated:

  • Address: 560 Gladys Ave, Los Angeles, CA 90013

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