Log In/Sign Up
770 N Hill Pl
Los Angeles, CA 90012
16-u value-add, 3.35% Loan, ±9.43% Return · Multifamily Property For Sale
·
16 Units
Investment Highlights
- • Assumable Loan at 3.35% interest rate, 7-yr fixed until Aug-Sep 2028 (7-year term, buyer to verify ) - ±9.43% Year1 Cash-on-Cash
- • Excellent location in the heart of the iconic Chinatown neighborhood of Los Angeles
- • 11 out 16 units have been fully upgraded providing upside potentials on 4 non-turned units
- • Offered at a very attractive price/unit, ±7.48% Proforma CAP Rate and 9.00x Proforma GRM
- • WALKER’s PARADISE (walk score of 95 out of 100) and RIDER’s PARADISE (transit score of 90 out of 100)
- • Excellent unit mix with good combinations of 3bed, 2bed and 1bed units
Property Facts
| No. Units | 16 | Building Size | 10,880 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.84/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | LAR4 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 10,880 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1965 |
| Parking Ratio | 1.84/1,000 SF |
| Zoning | LAR4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
| 3+1 | 1 | - | - |
| 2+2 | 2 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 5407-022-024 | Improvements Assessment | $1,333,385 |
| Land Assessment | $1,531,102 | Total Assessment | $2,864,487 |
Property Taxes
Parcel Number
5407-022-024
Land Assessment
$1,531,102
Improvements Assessment
$1,333,385
Total Assessment
$2,864,487
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
