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844 W Martin Luther King Jr Blvd
Los Angeles, CA 90037
Multifamily Property For Sale
·
24 Units
Investment Highlights
- Opportunity to Buy 24 Units Near USC
- Electrical Panels Recently Replaced
- Priced at a 7.78 Gross Rent Multiplier
- Offered at a 7.39% CAP Rate
- Across the Street from the LA Coliseum
Property Facts
| No. Units | 24 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 14,390 SF |
| Property Subtype | Apartment | Average Occupancy | 83% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1924 |
| Zoning | R3, Los Angeles | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 14,390 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1924 |
| Zoning | R3, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Hardwood Floors
- Sprinkler System
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Security System
- Tenant Controlled HVAC
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 23 | $1,454 | 550 |
| 1+1 | 1 | $1,924 | 600 |
Property Taxes
| Parcel Number | 5019-001-025 | Improvements Assessment | $573,083 |
| Land Assessment | $429,047 | Total Assessment | $1,002,130 |
Property Taxes
Parcel Number
5019-001-025
Land Assessment
$429,047
Improvements Assessment
$573,083
Total Assessment
$1,002,130
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