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8616 Gregory Way 5 Unit Apartment Building $2,299,000 ($459,800/Unit) 3.30% Cap Rate Los Angeles, CA 90035
Executive Summary
FOR SALE: 8616 Gregory Way, Los Angeles, CA 90035
Building Size: ± 5,259 Sq. Ft.
Land Size: ± 5,839 Sq. Ft.
Units: 4
CAP Rate: 3.3 %
Current Gross Income: $135,334
Pro Forma Gross Income: $191,400
Year Built: 1960
APN: 4333-024-002
Building Size: ± 5,259 Sq. Ft.
Land Size: ± 5,839 Sq. Ft.
Units: 4
CAP Rate: 3.3 %
Current Gross Income: $135,334
Pro Forma Gross Income: $191,400
Year Built: 1960
APN: 4333-024-002
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- Offering Memorandum
Property Facts
| Price | $2,299,000 | Apartment Style | Low-Rise |
| Price Per Unit | $459,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 3.30% | Building Size | 7,252 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 1.38/1,000 SF |
| Zoning | LAR3 | ||
| Price | $2,299,000 |
| Price Per Unit | $459,800 |
| Sale Type | Investment |
| Cap Rate | 3.30% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 7,252 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4333-024-002 | Improvements Assessment | $219,370 |
| Land Assessment | $157,628 | Total Assessment | $376,998 |
Property Taxes
Parcel Number
4333-024-002
Land Assessment
$157,628
Improvements Assessment
$219,370
Total Assessment
$376,998
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8616 Gregory Way
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