1280 West Blvd | Los Angeles, CA 90019
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- LoopNet Team
1280 West Blvd
Los Angeles, CA 90019
Prime Mid-City 4Plex · Multifamily Property For Sale · 4 Units
Investment Highlights
- Prime Mid-City location with a fantastic unit mix of four large 2+1 units with stable current income of $7,197/month; $86,148/year with great upside
- Great investor/1031 opportunity + the ability for an owner-user buyer to eventually occupy a unit themselves post-closing
- Convenient central Mid-City location (Dockweiler) in the heart of Los Angeles and only steps from the Lowe’s anchored Midtown Crossing center
PROPERTY FACTS
| No. Units | 4 | Building Size | 4,028 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1949 |
| Building Class | B | Parking Ratio | 1.99/1,000 SF |
| Lot Size | 0.16 AC |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 4,028 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1949 |
| Parking Ratio | 1.99/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,733 | - |
PROPERTY TAXES
| Parcel Number | 5082-011-007 | Improvements Assessment | $457,776 |
| Land Assessment | $1,456,560 | Total Assessment | $1,914,336 |
PROPERTY TAXES
Parcel Number
5082-011-007
Land Assessment
$1,456,560
Improvements Assessment
$457,776
Total Assessment
$1,914,336
zoning
| Zoning Code | LAR3 (Property is zoned R3 allowing for approximately 8 units by-right. Also might be an interesting TIC site.) |
| LAR3 (Property is zoned R3 allowing for approximately 8 units by-right. Also might be an interesting TIC site.) |
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