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817-823 Centennial St 6 Unit Apartment Building $1,050,000 ($175,000/Unit) Los Angeles, CA 90012
Investment Highlights
- Below Market Rent
- Interior Inspection with accepted offer
Executive Summary
• The property is located in the bustling neighborhood of Downtown Los Angeles, known for its vibrant mix of commercial, residential, and cultural establishments.
• Nearby attractions include the historic Grand Central Market, the iconic Walt Disney Concert Hall, Dodger Stadium, and the lively nightlife of the Arts District.
• Public transportation options are plentiful, with several Metro stations and bus stops within walking distance, enhancing accessibility for employees and customers.
• The neighborhood is undergoing revitalization efforts, with new developments and renovations contributing to the area's growth and potential for future appreciation.
• Nearby attractions include the historic Grand Central Market, the iconic Walt Disney Concert Hall, Dodger Stadium, and the lively nightlife of the Arts District.
• Public transportation options are plentiful, with several Metro stations and bus stops within walking distance, enhancing accessibility for employees and customers.
• The neighborhood is undergoing revitalization efforts, with new developments and renovations contributing to the area's growth and potential for future appreciation.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$74,904
|
$17.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$74,904
|
$17.40
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $74,904 |
| Annual Per SF | $17.40 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $74,904 |
| Annual Per SF | $17.40 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,050,000 | Building Class | C |
| Price Per Unit | $175,000 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 4,304 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1890 |
| Apartment Style | Low-Rise | Parking Ratio | 1.86/1,000 SF |
| Zoning | R3 - Multiple Dwelling | ||
| Price | $1,050,000 |
| Price Per Unit | $175,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,304 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1890 |
| Parking Ratio | 1.86/1,000 SF |
| Zoning | R3 - Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,800 | - |
1 1
Walk Score®
Very Walkable (81)
Transit Score®
Excellent Transit (81)
Property Taxes
| Parcel Number | 5406-027-015 | Improvements Assessment | $375,481 (2025) |
| Land Assessment | $796,478 (2025) | Total Assessment | $1,171,959 (2025) |
Property Taxes
Parcel Number
5406-027-015
Land Assessment
$796,478 (2025)
Improvements Assessment
$375,481 (2025)
Total Assessment
$1,171,959 (2025)
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817-823 Centennial St
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