1344 W 98th St | Los Angeles, CA 90044
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This Multifamily Property is no longer advertised on LoopNet.com.
1344 W 98th St
Los Angeles, CA 90044
4 Units w/ 52% Rental Upside @ $225,000 PPU · Multifamily Property For Sale · 4 Units
Investment Highlights
- Approx. 52% rental upside compared to renovated units in the area
- Offered at $225,000 per unit, $329 per foot, 4.58% CAP, and 14.20 GRM on current rents
- Property amenities include a community laundry room and (4) 1-car garages that can be converted to ADUs (buyer to verify)
- 1344 West 98th will stabilize at an 8.12% CAP & 9.44 GRM on projected market rents
- Features (4) 1-bdrm. units, across 3 structures, on a 6,256 SF lot zoned LCC3YY
- 3.0 miles from The Village at Century, SoFi Stadium, Hollywood Park, and The Forum
PROPERTY FACTS
No. Units | 4 | Average Occupancy | 100% |
Property Type |
Multifamily
|
No. Stories | 2 |
Lot Size | 0.14 AC | Year Built | 1948 |
Building Size | 2,734 SF | Parking Ratio | 1.46/1,000 SF |
No. Units | 4 |
Property Type |
Multifamily
|
Lot Size | 0.14 AC |
Building Size | 2,734 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1948 |
Parking Ratio | 1.46/1,000 SF |
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 4 | $1,300 | - |
Links
PROPERTY TAXES
Parcel Number | 6056-017-023 | Improvements Assessment | $266,146 |
Land Assessment | $223,018 | Total Assessment | $489,164 |
PROPERTY TAXES
Parcel Number
6056-017-023
Land Assessment
$223,018
Improvements Assessment
$266,146
Total Assessment
$489,164
zoning
Zoning Code | LCC3YY |
LCC3YY |
Learn More About Investing in Apartment Buildings
Listing ID: 31194983
Date on Market: 3/12/2024
Last Updated:
Address: 1344 W 98th St, Los Angeles, CA 90044
The Multifamily Property at 1344 W 98th St, Los Angeles, CA 90044 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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