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115 S Fresno St
Los Angeles, CA 90063

Multifamily Property For Sale · 6 Units

Investment Highlights

  • Great investment opportunity.

Executive Summary

Great investment opportunity, with huge upside potential. This property is in a vey desirable location in Los Angeles. This property consist of 3 SFR's, one with 3 bedrooms and 1 Bath! two of the SFR are 2 bedrooms and 1 Bath and a Triplex in the rear 2 with 2 bedrooms and 1 bath and one with 1 bedroom and 1 bath. This property also includes an attached 3 car garage. Centrally located and within 8 minutes of downtown Los Angeles. This property just needs the right investor to truly bring out the potential and full value of this property.

PROPERTY FACTS

Price Per Unit $200,000
Sale Type Investment
Cap Rate 6.84%
Sale Conditions
1031 Exchange
  • Deferred Maintenance
Gross Rent Multiplier 14.62
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single Family Home
Lot Size 0.18 AC
Building Size 4,054 SF
Average Occupancy 100%
No. Stories 2
Year Built 1901

Site Amenities

  • Gated

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5179-006-028
Land Assessment
$278,773
Improvements Assessment
$264,834
Total Assessment
$543,607

zoning

Zoning Code LAR2
LAR2
  • Listing ID: 33709946

  • Date on Market: 10/31/2024

  • Last Updated:

  • Address: 115 S Fresno St, Los Angeles, CA 90063

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