839 W 69th St
Los Angeles, CA 90044
Motivated Seller - Bring All Offers · Multifamily Property For Sale
·
4 Units
Property Facts
| No. Units | 4 | Building Size | 2,116 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1929/2017 |
| Lot Size | 0.16 AC | Parking Ratio | 1.42/1,000 SF |
| Zoning | LARD2 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.16 AC |
| Building Size | 2,116 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1929/2017 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | LARD2 |
Amenities
Unit Amenities
- Cable Ready
About 839 W 69TH ST , LOS ANGELES, CA 90044
CASH COW ALERT! Actual cap-rate 6.98%+ with more potential upside. 4 UNITS in 3 detached buildings, totaling an actual 2,116 SF. This well kept 4 unit building situated on a large lot!; the said lot is zoned LARD2 (Tier 2 TOC). The extra-long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated [new kitchen, laminate flooring, paint and more]. 3 of the 4 units are currently occupied by established tenants. The studio is currently vacant but we have a $1,000/mo commitment from a well-qualified tenant.LOCATION, LOCATION, LOCATION! Just 500 ft from Gerald A. Lawson Academy of the Arts, Mathematics and Science School (Elementary) & St. Raphael Elementary School (Private), 5-minute walk to the closest bus stop, 3-minute walk to Menlo Park and Mt. Carmel High School. 4 minutes from the 110 freeway. This property is located in the heart of the Vermont Corridor which is being redeveloped by the City and County of Los Angeles in preparation for the upcoming Olympic Games and FIFA World Cup. There is tons of potential! Buyer to conduct their own due diligence.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,777 | - |
| 1+1 | 2 | $1,144 | - |
| Studios | 1 | $1,020 | - |
Property Taxes
| Parcel Number | 6013-008-006 | Improvements Assessment | $197,676 |
| Land Assessment | $395,352 | Total Assessment | $593,028 |
Property Taxes
