This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
617 N Plymouth Blvd
Los Angeles, CA 90004
$250,000 Price Reduction · Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 4,368 SF |
| Property Type | Multifamily | Average Occupancy | 25% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1924 |
| Lot Size | 0.16 AC | Parking Ratio | 0.92/1,000 SF |
| Zoning | LAR3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,368 SF |
| Average Occupancy | 25% |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | LAR3 |
ABOUT 617 N PLYMOUTH BLVD , LOS ANGELES, CA 90004
Marcus & Millichap, as the exclusive listing agent, is pleased to present for sale 617 North Plymouth Boulevard, a four unit apartment community in Hancock Park, currently being operated as a furnished, short-term rental property. The property offers investors a unique opportunity to acquire a vintage building with fully furnished units and a healthy income stream in an affluent neighborhood. Due to its 1924 construction, the property is subject to Los Angeles Rent Control Statutes. The subject property is situated just South of Melrose Avenue, one of the most desirable thoroughfares in Los Angeles. Hancock Park is a genteel residential enclave surrounding the Wilshire Country Club and neighbors Larchmont, Koreatown, and Hollywood. Given the property's location and well-maintained units, 617 North Plymouth Boulevard is an ideal investment for an investor seeking strong in-place returns and appreciation potential within Hancock Park.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 1,060 |
PROPERTY TAXES
| Parcel Number | 5523-023-013 | Improvements Assessment | $401,928 |
| Land Assessment | $1,835,506 | Total Assessment | $2,237,434 |
PROPERTY TAXES
