969 S Serrano Ave | Los Angeles, CA 90006
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- LoopNet Team
969 S Serrano Ave
Los Angeles, CA 90006
Price Reduced! | Koreatown Multifamily · Multifamily Property For Sale
·
12 Units
Investment Highlights
- Excellent Koreatown Location!
- Unit Mix: 9 (1BR + 1BA), 2 (2BR + 1 BA), & 1 (Studio)
- Master Metered for Gas & Electricity
- 6.31% Cap Rate | 9.05 GRM | Strong In-Place Income
- Walker's Paradise - Walk Score of 98! Moments from the Pio Pico Koreatown Library, Liberty Park, and the Wiltern Theatre
- Recent Building Upgrades Include: Copper Plumbing, New Roof, New Windows, New Heaters and Vents, Reinforced and Bolted Foundation
Property Facts
| No. Units | 12 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 9,210 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1928 |
| Zoning | R4, Los Angeles - restricted Density Multiple Dwelling | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 9,210 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1928 |
| Zoning | R4, Los Angeles - restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | $1,781 | 1 |
| 2+1 | 2 | $1,792 | 11 |
| Studios | 1 | $1,180 | 1 |
Property Taxes
| Parcel Number | 5080-015-014 | Improvements Assessment | $514,856 |
| Land Assessment | $1,201,341 | Total Assessment | $1,716,197 |
Property Taxes
Parcel Number
5080-015-014
Land Assessment
$1,201,341
Improvements Assessment
$514,856
Total Assessment
$1,716,197
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