1438-1444 W 25th St
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1438-1444 W 25th St
5 Unit Apartment Building $1,250,000 ($250,000/Unit) Los Angeles, CA 90007
Investment Highlights
- 13,500 sq ft lot
- Units are RSO and in HPOZ
- 5 units with 9 parking spots, 4 units occupied
Executive Summary
Location is in R4 zoning and Historic Preservation Overlay Zone (HPOZ). Four out of the five units are occupied seller wants to sell units occupied.Truly the opportunity of a lifetime! This 13,503 sq ft property is zoned R4 with three current structures and is in an HPOZ (Historic Preservation Overlay Zone. Built in 1922, there are five 2 bedroom / 1 bathroom units, four of which are currently occupied. Additional conveniences include 9 parking spots and a shed for 2 units. The property is subject to Los Angeles Rent Stabilization Ordinance, with rents currently totaling $4,458.48, and the seller would prefer to transfer the property occupied. Current units range in rents from $967.20 to $1,263.60 per month, with the recommended market value of the vacant fifth unit being $1,750 - $1,900. Located near USC, this property is both income generating and developable. The current buildings are in need of extensive repairs - inquire for more detailed information. Broker and Brokers Representatives are not responsible for accuracy of any information. Buyer to do own investigation including but not limited to zoning information, building requirements, condition of property etc.
To walk the property and see the empty unit, call or text Cindy Wexler at 818-416-4889. Feel free to drive by property but Do NOT disturb occupants.
To walk the property and see the empty unit, call or text Cindy Wexler at 818-416-4889. Feel free to drive by property but Do NOT disturb occupants.
Property Facts
| Price | $1,250,000 | Building Class | C |
| Price Per Unit | $250,000 | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 4,310 SF |
| No. Units | 5 | Average Occupancy | 80% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1922 |
| Apartment Style | Low Rise | Parking Ratio | 2.09/1,000 SF |
| Price | $1,250,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 4,310 SF |
| Average Occupancy | 80% |
| No. Stories | 1 |
| Year Built | 1922 |
| Parking Ratio | 2.09/1,000 SF |
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+2 | 1 | - | - |
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 5054-027-019 | Improvements Assessment | $163,356 |
| Land Assessment | $269,544 | Total Assessment | $432,900 |
PROPERTY TAXES
Parcel Number
5054-027-019
Land Assessment
$269,544
Improvements Assessment
$163,356
Total Assessment
$432,900
zoning
| Zoning Code | R4 (RSO (Rent Stabilization Ordinance & HPOZ (Historic Preservation Overlay Zone)) |
| R4 (RSO (Rent Stabilization Ordinance & HPOZ (Historic Preservation Overlay Zone)) |
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Cynthia Wexler - Wexler Corpartion
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1438-1444 W 25th St
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