1945 S Garth Ave | Los Angeles, CA 90034
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- LoopNet Team
1945 S Garth Ave
Los Angeles, CA 90034
Multifamily Property For Sale · 14 Units
Investment Highlights
- THE OPPORTUNITY: 1945 South Garth represents a 14-unit property located north of Cadillac Avenue, in between Robertson and La Cienega Boulevard.
- REMAINING UPSIDE: 1945 Garth features approximately 32% rental upside by capturing the loss-to-lease of the legacy units upon turnover.
- ON-SITE PARKING: The property features on-site parking for each unit, and the soft-story retrofit work has been completed by the current ownership.
- SIGNIFICANTLY IMPROVED: 7-Units have been fully renovated, and the entire property has new windows, new façade/paint, and updated landscaping.
- DESIRABLE UNIT MIX: The subject property features 100% 2 and 3 bedroom units.
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.29 AC |
| Property Type | Multifamily | Building Size | 13,164 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low Rise | No. Stories | 2 |
| Building Class | B | Year Built | 1964 |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 13,164 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 800 - 850 |
| 2+2 | 10 | - | 850 - 900 |
| 3+2 | 2 | - | 1,000 - 1,100 |
PROPERTY TAXES
| Parcel Number | 4302-029-040 | Improvements Assessment | $1,649,850 |
| Land Assessment | $2,275,657 | Total Assessment | $3,925,507 |
PROPERTY TAXES
Parcel Number
4302-029-040
Land Assessment
$2,275,657
Improvements Assessment
$1,649,850
Total Assessment
$3,925,507
zoning
| Zoning Code | LARD2 (Restricted Density Multiple Dwelling) |
| LARD2 (Restricted Density Multiple Dwelling) |
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