8616-8618 Whitworth Dr
Los Angeles, CA 90035
Eighty Six Eighteen Whitworth · Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Building Size | 9,751 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.23/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | R3-1, Los Angeles | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 9,751 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | R3-1, Los Angeles |
Amenities
Unit Amenities
- Balcony
- Storage Space
Site Amenities
- Laundry Facilities
About 8616-8618 WHITWORTH DR , LOS ANGELES, CA 90035
BRC Advisors is pleased to present for sale a well-maintained eight-unit rent-controlled apartment building located in the Pico/Robertson submarket of Los Angeles. Built in 1964, the property has six townhouse units and a total of approximately 12 parking spaces (3 of which are tandem). The property offers a great unit mix of all two-bedroom units and a three-bedroom unit. There is onsite laundry, but one can add value by potentially adding washer/dryers in the units as part of their remodel when a unit becomes vacant. Currently two of the units have been beautifully significantly renovated. Additionally, there is approximately 30% upside in the rents. This is a great long term hold or value add opportunity for a hands-on buyer. Existing Loan w/ Chase can be assumed - UPB: ~$2,075,000 with BELOW-MARKET INTEREST RATE OF 4.29% FIXED thru 02-01-24 Located south of Olympic Blvd. and east of Robertson Blvd.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 7 | - | - |
| 3+3 | 1 | - | - |
Property Taxes
| Parcel Number | 4332-023-001 | Improvements Assessment | $1,464,964 |
| Land Assessment | $2,565,692 | Total Assessment | $4,030,656 |
Property Taxes
