6341 11th Ave | Los Angeles, CA 90043
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- LoopNet Team
6341 11th Ave
Los Angeles, CA 90043
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Four Single-Story Units Located in the Hyde Park Neighborhood of Los Angeles | Residential Asset - Perfect Owner-User Opportunity
- 5.39% Current Cap Rate & 12.41 Current GRM | 7.48% Pro-Forma Cap Rate & 9.79 Pro-Forma GRM
- TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit |
- Rare LAR3 TOC Tier 3 Zoning – Build Up to 17 Units* | Unit Mix of (One) 2-Bedroom/1-Bathroom Unit & (Three) 1-Bedroom/1-Bathroom Units
- Located 2 Miles from Baldwin Hills Crenshaw Plaza, SoFi Stadium & The Forum and Approximately 2.5 Mile from Intuit Dome (NBA Clippers Arena)
- Located Just a Few Blocks from Hyde Park Station for the Crenshaw/LAX Metro Transit Line (K Line) | Qualifies for Residential Financing
Property Facts
| No. Units | 4 | Building Size | 2,551 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1930 |
| Building Class | C | Parking Ratio | 1.57/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LAR3 - Rare LAR3 TOC Tier 3 Zoning | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,551 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1930 |
| Parking Ratio | 1.57/1,000 SF |
| Zoning | LAR3 - Rare LAR3 TOC Tier 3 Zoning |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $2,050 | 721 |
| 1+1 | 3 | $1,038 | 610 |
Property Taxes
| Parcel Number | 4006-010-018 | Improvements Assessment | $240,367 |
| Land Assessment | $360,551 | Total Assessment | $600,918 |
Property Taxes
Parcel Number
4006-010-018
Land Assessment
$360,551
Improvements Assessment
$240,367
Total Assessment
$600,918
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