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$650K Vacant Duplex on R3 Lot by Metro A-Line 8467 Zamora Ave 2 Unit Apartment Building $650,000 ($325,000/Unit) 1% Cap Rate Los Angeles, CA 90001



Investment Highlights
- With a transit-connected location, strong neighborhood fundamentals, and untapped value, 8467 Zamora is a blank canvas ready for the next chapter.
- Current improvements include a front 3-bdrm. & 1-bath unit and a 2-bdrm. & 1-bath unit in the rear.
- The site allows for the opportunity to develop a fourplex featuring townhouse-style units at 1,280 SF each. View OM for more details (buyer to verify)
- Nestled at the end of a cul-de-sac near Drew Middle School, this 5,796 SF lot features a VACANT 1,908 SF duplex and development potential.
- A downstairs non-conforming space can be converted into an ADU, and the adjacent garages can be converted into a junior ADU (buyer to verify).
- 8467 Zamora is located 0.5 miles from a Metro A-Line light rail station, providing direct connectivity to both Downtown LA and Long Beach.
Executive Summary
Nestled at the end of a residential cul-de-sac near Dr. Charles R. Drew Middle School, this 5,796 SF lot features a VACANT 1,908 SF duplex and development potential, thanks to LAR3 zoning. The property currently includes a front 3-bdrm/1-bath unit and a rear 2-bdrm/1-bath unit, both vacant. A downstairs non-conforming space (approx. 450 SF) offers additional square footage that can be converted into an ADU. There's also opportunity to convert the existing detached garage into a junior ADU for further income potential (buyer to verify). The site allows for the opportunity to develop a fourplex featuring townhouse-style units at 1,280 SF each (R3 lot - buyer to verify). For a closer look at the development details, please refer to the marketing package. 8467 Zamora is located 0.5 miles from a Metro A-Line light rail station, providing direct connectivity to both Downtown LA and Long Beach. The property is moments from a wide array of public amenities and high-performing charter schools including Animo Pat Brown Charter High School and Amino Florence-Firestone Charter Middle School. Daily essentials, green space, and accessible transit are all within walking distance. With a transit-connected location, strong neighborhood fundamentals, and untapped value, 8467 Zamora is a blank canvas ready for the next chapter.
Property Facts Under Contract
| Price | $650,000 | Building Class | C |
| Price Per Unit | $325,000 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 1,908 SF |
| Cap Rate | 1% | Average Occupancy | 0% |
| Gross Rent Multiplier | 1 | No. Stories | 2 |
| No. Units | 2 | Year Built | 1936 |
| Property Type | Multifamily | Parking Ratio | 1.05/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | LCR3YY - multiple dwelling zone | ||
| Price | $650,000 |
| Price Per Unit | $325,000 |
| Sale Type | Investment |
| Cap Rate | 1% |
| Gross Rent Multiplier | 1 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 1,908 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1936 |
| Parking Ratio | 1.05/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LCR3YY - multiple dwelling zone |
Amenities
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | - |
| 2+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (74)
Property Taxes
| Parcel Number | 6028-030-029 | Improvements Assessment | $29,143 |
| Land Assessment | $14,433 | Total Assessment | $43,576 |
Property Taxes
Parcel Number
6028-030-029
Land Assessment
$14,433
Improvements Assessment
$29,143
Total Assessment
$43,576
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$650K Vacant Duplex on R3 Lot by Metro A-Line | 8467 Zamora Ave
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