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932 S Berendo St
Los Angeles, CA 90006
Ponderosa Court · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Location, Location, Location - Millennials choice apartment complex with amenity rich neighborhood: walk score of 94! No deferred rent.
- 5 units delivered vacant - opportunity for Owner-User/immediate value-add; + add up to 2 ADU units (buyer to check with the City of Los Angeles)
- Zoned LAR4 : This parcel is in a TOC Tier 3 providing 70% increase in density & a Designated Qualified Opportunity Zone.
- Units are separately metered for electric and gas, gated and has Smart Locker for resident’s 24 hr use. Expense efficient; Tenants pay trash
- Approved Tenant In Common (TIC) DRE Official White Report;giving right to the new owner to sell residential TIC interests
- Well maintained: roof repaired 2 years ago, Main line to the street replaced, new electrical boxes in many units, 1/2 of the water heaters replaced
Property Facts
| No. Units | 8 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 4,032 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1923/1990 |
| Building Class | C | Parking Ratio | 0.38/1,000 SF |
| Zoning | R4, Los Angeles - Medium Density Multiple Residence | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 4,032 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1923/1990 |
| Parking Ratio | 0.38/1,000 SF |
| Zoning | R4, Los Angeles - Medium Density Multiple Residence |
Amenities
Unit Amenities
- Heating
- Refrigerator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
Property Taxes
| Parcel Number | 5094-025-018 | Improvements Assessment | $477,543 |
| Land Assessment | $1,591,812 | Total Assessment | $2,069,355 |
Property Taxes
Parcel Number
5094-025-018
Land Assessment
$1,591,812
Improvements Assessment
$477,543
Total Assessment
$2,069,355
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