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682 Irolo St
Los Angeles, CA 90005
The Piccadilly · Multifamily Property For Sale
·
75 Units
Investment Highlights
- Iconic 7-story, 74-unit building designed in the Chateauesque style by architect Milton M. Friedman, offering strong cash flow and significant upside
- Stunning lobby, hardwood floors, two courtyards with tiled walls and water features, Tudor archways, and a rooftop terrace with sweeping city views
- (6) efficiency , (29) studios, (29) 1+1, (1) 1+1/5, (8) 2+2, and (1) 3+2.5 unit
- Well-maintained and upgraded over the years with significant potential to implement further renovations and capture additional rental upside
- Iconic "P" neon sign visible from the city skyline, a defining feature of the property
- 19 on-site parking spaces for tenant convenience
Property Facts
| No. Units | 75 | Building Size | 62,933 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1929/2014 |
| Building Class | B | Parking Ratio | 0.3/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | LAR5 | ||
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 62,933 SF |
| Average Occupancy | 99% |
| No. Stories | 7 |
| Year Built/Renovated | 1929/2014 |
| Parking Ratio | 0.3/1,000 SF |
| Zoning | LAR5 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Tub/Shower
- Views
- Wheelchair Accessible (Rooms)
Site Amenities
- Controlled Access
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
- Smoke Detector
Property Taxes
| Parcel Number | 5094-002-004 | Improvements Assessment | $2,326,994 |
| Land Assessment | $1,197,304 | Total Assessment | $3,524,298 |
Property Taxes
Parcel Number
5094-002-004
Land Assessment
$1,197,304
Improvements Assessment
$2,326,994
Total Assessment
$3,524,298
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