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9337 National Blvd
Los Angeles, CA 90034
Multifamily Property For Sale
·
9 Units
Investment Highlights
- Assumable loan at ~100 BPS under current market rates-$2,307,500 Loan Amount at a 3.35% Fixed for 7 years with 3 years IO
- Seven out of nine units have been fully renovated, including in unit washers and dryers and new plumbing and electrical
- Opportunity to achieve over 20% rental upside by completing upgrades when remaining two units vacate
- 9 Unit multifamily community centrally located in Castle Heights, adjacent to Culver City, at a 4.04% Cap on actuals
- Modern units feature spacious living rooms, hardwood floors, recessed lighting, large closets with built-in shelving, stainless steel appliances
- Residents benefit from onsite, gated parking and secure entrances
Property Facts
| No. Units | 9 | Building Size | 7,971 SF |
| Property Type | Multifamily | Average Occupancy | 67% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LAR3 - Multiple Dwelling | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 7,971 SF |
| Average Occupancy | 67% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling |
Amenities
Unit Amenities
- Balcony
- Ceiling Fans
- Tile Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Patio
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,998 | 450 |
| 1+1 | 5 | $2,449 | 725 |
| 2+2 | 2 | $2,884 | 900 |
| 3+3 | 1 | $4,000 | 900 |
Property Taxes
| Parcel Number | 4311-023-011 | Improvements Assessment | $1,644,664 |
| Land Assessment | $2,466,996 | Total Assessment | $4,111,660 |
Property Taxes
Parcel Number
4311-023-011
Land Assessment
$2,466,996
Improvements Assessment
$1,644,664
Total Assessment
$4,111,660
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