571 Fairview Ave | Los Angeles, CA 90033
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- LoopNet Team
571 Fairview Ave
Los Angeles, CA 90033
Fairview Apartments · Multifamily Property For Sale
·
38 Units
INVESTMENT HIGHLIGHTS
- Tremendous Value-Add Potential (42%) in an Underserved Submarket
- Partial Property Tax Abatement Through Affordable Housing Conversion (Buyer to Verify)
- Panoramic Skyline Views from Select Units
- Situated in a Qualified Opportunity Zone
- Unmatched Proximity to Downtown Los Angeles
- On-Site Parking - A Rare Amenity in Dense Urban Areas
PROPERTY FACTS
| No. Units | 38 | Building Size | 12,006 SF |
| Property Type | Multifamily | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Lot Size | 0.39 AC | ||
| Zoning | LAR3 - High-Density Residential Zoning | ||
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 12,006 SF |
| Average Occupancy | 87% |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | LAR3 - High-Density Residential Zoning |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Pool
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 37 | - | - |
| 1+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 5174-011-022 | Improvements Assessment | $1,837,020 |
| Land Assessment | $3,257,880 | Total Assessment | $5,094,900 |
PROPERTY TAXES
Parcel Number
5174-011-022
Land Assessment
$3,257,880
Improvements Assessment
$1,837,020
Total Assessment
$5,094,900
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