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944 Tiverton Ave
Los Angeles, CA 90024
Multifamily Property For Sale
·
28 Units
Investment Highlights
- Prime Westwood location, near UCLA and hospital
- 13.3 x Gross & 4.6% Cap with existing rents, 11.7 x Gross & 5.6% Cap with rents at market
- Over $693,000 in renovation has been spent
- Only $339,286/unit
- Upside in rents
- Brand new copper plumbing and sewer line at a cost of $303,000 and over $390,000 in common area and unit renovations
Property Facts
| No. Units | 28 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 8,353 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1940 |
| Building Class | C | ||
| Zoning | LAR3 | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 8,353 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 28 | $1,976 | 300 |
Property Taxes
| Parcel Number | 4360-001-006 | Improvements Assessment | $2,288,880 |
| Land Assessment | $6,242,400 | Total Assessment | $8,531,280 |
Property Taxes
Parcel Number
4360-001-006
Land Assessment
$6,242,400
Improvements Assessment
$2,288,880
Total Assessment
$8,531,280
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