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- LoopNet Team
965 S Lorena St
Los Angeles, CA 90023
963 S. Lorena St. · Multifamily Property For Sale
·
4 Units
Investment Highlights
- 2 story units
- All new appliances included
- Great Tenants with good credit/fico
- New Construction Completed in June 2020
Property Facts
| No. Units | 4 | Building Size | 5,200 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2020 |
| Building Class | B | Parking Ratio | 1.54/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 5,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2020 |
| Parking Ratio | 1.54/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Range
Site Amenities
- Fenced Lot
About 965 S LORENA ST , LOS ANGELES, CA 90023
New Construction Completed in June 2020. Total Four (4) brand new units on (2) separate buildings. Each unit is separately metered for water, gas and electric, so tenants are responsible for all costs. Owner only pays for property tax and insurance. There are eight (8) assigned parking spaces. Each unit is two-story and comes with 4 bedrooms and 3 full bathrooms (layout is either 2 bedrooms upstairs & 1 bedroom downstairs or all bedrooms upstairs). This property is centrally located, close to downtown Los Angeles, Arts District, Little Tokyo, Cal State University of Los Angeles, USC Medical Center, and is only about a 2 minute walk for Whittier Blvd., a major transit and retail thoroughfare. This location is in the Boyle Heights neighborhood in Los Angeles with a walk score of 84, and transit score of 60. There is a nearby elementary school, park and several grocery stores / banks. Subject property will be low maintenance for years to come and is a great rental property to add to any investor's real estate portfolio.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 2 | $3,048 | 1,300 |
| 3+2 | 2 | $3,150 | 1,300 - 1,301 |
Property Taxes
| Parcel Number | 5188-022-029 | Improvements Assessment | $1,040,400 |
| Land Assessment | $1,404,540 | Total Assessment | $2,444,940 |
Property Taxes
