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11967 Walnut Ln
Los Angeles, CA 90025
11967 Walnut Ln · Multifamily Property For Sale · 4 Units
PROPERTY FACTS
No. Units | 4 | Building Size | 4,628 SF |
Property Type | Multifamily | Average Occupancy | 50% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Garden | Year Built | 1964 |
Building Class | C | Parking Ratio | 0.86/1,000 SF |
Lot Size | 0.11 AC |
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 0.11 AC |
Building Size | 4,628 SF |
Average Occupancy | 50% |
No. Stories | 2 |
Year Built | 1964 |
Parking Ratio | 0.86/1,000 SF |
About 11967 Walnut Ln , Los Angeles, CA 90025
IMMEDIATE VALUE-ADD OPPORTUNITY WITH POTENTIAL FOR FUTURE GROUND-UP REDEVELOPMENT!!! 11967 walnut lane is a 4-unit apartment building located on LA’s westside, just blocks from Santa Monica and close to the Expo Line, Stoner Park, and trendy Sawtelle shopping and dining. This lovingly maintained midcentury 4-plex was originally constructed in 1964, and features an attractive unit mix with three (2 bed / 1.5 bath) units and one (3 bed / 2.5 bath) unit. All units have a two-story, townhome-style layout with floor to ceiling windows in the first floor living room that open to private, enclosed patios. The property is separately metered for electricity and master metered for water. There are four covered parking spaces in the rear of the property and coin operated laundry on-site. Units 3 and 4 are delivered vacant, creating an immediate value-add opportunity for an owner/occupant or investor. Units 1 and 2 are month to month. LAR3 zoning allows for future ground-up redevelopment. Buyer and buyer’s agent to verify all information.
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+2 | 3 | $2,750 | - |
3+2 | 1 | $3,300 | - |
PROPERTY TAXES
Parcel Number | 4259-012-016 | Improvements Assessment | $218,727 |
Land Assessment | $1,815,451 | Total Assessment | $2,034,178 |
PROPERTY TAXES
zoning
Zoning Code | LAR3 |
LAR3 |
Learn More About Investing in Apartment Buildings
Listing ID: 15011066
Date on Market: 1/28/2019
Last Updated:
Address: 11967 Walnut Ln, Los Angeles, CA 90025
The Olympic Corridor Multifamily Property at 11967 Walnut Ln, Los Angeles, CA 90025 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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