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640 S Main St
Los Angeles, CA 90014
The Cecil Hotel Apartments · Multifamily Property For Sale
·
601 Units
Investment Highlights
- 640 S Main Street qualifies for California’s MGP Welfare, reducing its taxable value by 100%
- Easy access to major transit/subway stations less than a mile away
- 640 S Main Street sits steps away from the intersection of 7th and Main benefiting from ±49,749 VPD*
- Originally constructed in 1917 and redeveloped in 2022
Property Facts
| No. Units | 601 | Lot Size | 0.31 AC |
| Property Type | Multifamily | Building Size | 159,803 SF |
| Property Subtype | Apartment | No. Stories | 15 |
| Apartment Style | Hi-Rise | Year Built | 1917 |
| Building Class | B | ||
| Zoning | C2 | ||
| No. Units | 601 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 159,803 SF |
| No. Stories | 15 |
| Year Built | 1917 |
| Zoning | C2 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Elevator
Property Taxes
| Parcel Number | 5148-021-010 | Improvements Assessment | $20,124,558 |
| Land Assessment | $12,666,633 | Total Assessment | $32,791,191 |
Property Taxes
Parcel Number
5148-021-010
Land Assessment
$12,666,633
Improvements Assessment
$20,124,558
Total Assessment
$32,791,191
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