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605 W 41st St
Los Angeles, CA 90037
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Fourplex Located a Half-Mile from USC’s Campus and 2 Blocks from BMO Stadium & L.A. Memorial Coliseum
- Just a Few Blocks from Exposition Park, USC Village, Lucas Museum of Narrative Arts, BMO Stadium, Natural History Museum and California Science Center
- Tenants Pay All Trash, Electricity and Gas Expenses | Four Garages | Large 6,751-SF Lot | Qualifies for Attractive Residential Financing
- Outstanding Owner-User Opportunity - Renovated 1-Bedroom Unit Delivered Vacant with Washer and Dryer
- 5.53% Current Cap Rate & 12.41 Current GRM | 7.05% Pro-Forma Cap Rate & 10.39 Pro-Forma GRM
- Desirable Opportunity to Add ADUs at Rear Parking Area | Close Proximity to Expo Park/USC Transit Line and Downtown Los Angeles
Property Facts
| No. Units | 4 | Building Size | 4,040 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1921 |
| Building Class | C | Parking Ratio | 1.04/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,040 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1921 |
| Parking Ratio | 1.04/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,670 | - |
Property Taxes
| Parcel Number | 5019-023-022 | Improvements Assessment | $112,609 |
| Land Assessment | $262,633 | Total Assessment | $375,242 |
Property Taxes
Parcel Number
5019-023-022
Land Assessment
$262,633
Improvements Assessment
$112,609
Total Assessment
$375,242
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