924 W 82nd St | Los Angeles, CA 90044
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- LoopNet Team
924 W 82nd St
Los Angeles, CA 90044
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Four Single-Story Units on a Large 9,299-SF Lot | Residential Asset - Perfect Owner-User Opportunity
- Rare LAR3 TOC Tier 3 Zoning – Build Up to 20 Units* | Located in the Rapidly Gentrifying & Revitalized Neighborhood of Los Angeles
- Located 3 Miles from SoFi Stadium, Youtube Theatre, The Forum & Intuit Dome (NBA Clippers Arena) | Qualifies for Residential Financing
- 5.90% Current Cap Rate & 11.34 Current GRM | 8.68% Pro-Forma Cap Rate & 8.55 Pro-Forma GRM
- Unit Mix of (Two) 4-Bedroom/2-Bathroom Units and (Two) 1-Bedroom/1-Bathroom Units | Tremendous Value-Add Opportunity
- TOC Tier 3 High Density Bonus Allowance with No Subterranean Parking Required & Only 0.5 Parking Spaces Per Unit
Property Facts
| No. Units | 4 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 3,990 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1923 |
| Zoning | LAR3 - TOC Tier 3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,990 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1923 |
| Zoning | LAR3 - TOC Tier 3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 2 | $2,687 | - |
| 1+1 | 2 | $860.00 | - |
Property Taxes
| Parcel Number | 6032-008-010 | Improvements Assessment | $159,294 |
| Land Assessment | $637,181 | Total Assessment | $796,475 |
Property Taxes
Parcel Number
6032-008-010
Land Assessment
$637,181
Improvements Assessment
$159,294
Total Assessment
$796,475
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