10413 S Main St | Los Angeles, CA 90003
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- LoopNet Team
10413 S Main St
Los Angeles, CA 90003
'87 Construction, Current 5.5% Cap Rate! · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Non Rent Control Cash Cow, 1987 Construction!
- Property is currently fully occupied, each unit is receiving top of the market rent
- Laundry on site, great opportunity for additional income
- All Four units are large, 2-bedroom/1-bath
- Plenty of parking at rear of asset with (8) uncovered spaces
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,534 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.15 AC | Parking Ratio | 2.26/1,000 SF |
| Zoning | C2 - Commerical | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,534 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1987 |
| Tenancy | Single |
| Parking Ratio | 2.26/1,000 SF |
| Zoning | C2 - Commerical |
ABOUT 10413 S MAIN ST , LOS ANGELES, CA 90003
Great opportunity to obtain a 1987 construction property currently operating above a 5.5% Cap Rate! All (4) units are 2-bed/1-bath, each unit having top of the market rents with (3) at $1950 and (1) at $2049. There is tons of parking in the rear with (8) parking spaces available, as well as laundry on site which is bringing in additional cash flow. Fantastic opportunity to own an '87 Construction property for well over 6% Cash on Cash Return.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $2,000 | - |
PROPERTY TAXES
| Parcel Number | 6074-002-040 | Improvements Assessment | $659,200 |
| Land Assessment | $541,216 | Total Assessment | $1,200,416 |
PROPERTY TAXES
Parcel Number
6074-002-040
Land Assessment
$541,216
Improvements Assessment
$659,200
Total Assessment
$1,200,416
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