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7203 Rubio Ave
Lake Balboa, CA 91406
Rubio Villas · Multifamily Property For Sale
·
29 Units
Investment Highlights
- The Neema Group of Marcus & Millichap is pleased to present 7203 Rubio Ave, a multifamily investment opportunity built in 2013
- The property features nine one-bedroom units (675–739 SF), ten two-bedroom units (932–1,184 SF), and ten three-bedroom units (1,140-1,295 SF)
- Parking amenities include 53 gated ground-floor spaces, along with EV charging stations
- 29 units plus a leased office space, positioned on a corner lot at Sherman Way & Rubio Ave in Lake Balboa
- Built in 2013, the property is not subject to the Los Angeles Rent Stabilization Ordinance
Property Facts
| No. Units | 29 | Lot Size | 0.54 AC |
| Property Type | Multifamily | Building Size | 32,777 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2013 |
| Building Class | B | ||
| Zoning | LAC2 - Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses | ||
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.54 AC |
| Building Size | 32,777 SF |
| No. Stories | 4 |
| Year Built | 2013 |
| Zoning | LAC2 - Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | 675 |
| 2+2 | 10 | - | 1,016 |
| 3+2 | 10 | - | 1,140 - 1,295 |
Property Taxes
| Parcel Number | 2226-016-025 | Improvements Assessment | $6,132,989 |
| Land Assessment | $1,181,524 | Total Assessment | $7,314,513 |
Property Taxes
Parcel Number
2226-016-025
Land Assessment
$1,181,524
Improvements Assessment
$6,132,989
Total Assessment
$7,314,513
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