6720 West Blvd
Los Angeles, CA 90043
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Building Size | 6,720 SF |
| Property Type | Multifamily | Average Occupancy | 62% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | Parking Ratio | 0.63/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | C2 - "Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 6,720 SF |
| Average Occupancy | 62% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 0.63/1,000 SF |
| Zoning | C2 - "Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses |
Amenities
Unit Amenities
- Cable Ready
- Kitchen
- Tub/Shower
- Carpet
Site Amenities
- Laundry Facilities
- Gated
About 6720 WEST BLVD , LOS ANGELES, CA 90043
Non-Rent Controlled 8-Unit Apartment Deal In The Heart Of L.A. With Ample On-Site Parking. The Building Is A 1950 Construction, However Its COO Was Established In The 1980s, And Consequently The Property Is Not Subject To Rent Control (Buyer To Verify). The $1,800 Market Rate Unit Was Recently Remodeled With Updated Kitchen, Bathroom, Etc. & Modified Layout For A 2nd Bedroom. Additional Upside For The Next Owner To Remodel The Other Units & Increase The Cashflow. The C2 Zoned Lot, Which Allows For R4 Uses (Buyer To Verify), Also has Development Potential. Located Just Minutes from The New Florence/West LA Metro Light Rail Station, Which Will Service The Crenshaw Line Upon Its Completion In 2019. The Crenshaw Line Connects The Green & Expo Lines & Will Connect To LAX. This Will Make Pacific Villas Location Extremely Attractive To Commuters & Expand The Desirability Of The Hyde Park Neighborhood. Additionally, The Property Is Less Than 2 Miles From The Hollywood Park Development.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $1,450 | - |
| 2+1 | 3 | $1,550 | - |
Property Taxes
| Parcel Number | 4006-021-013 | Improvements Assessment | $248,322 |
| Land Assessment | $2,229,597 | Total Assessment | $2,477,919 |
Property Taxes
