This Multifamily Property is no longer advertised on LoopNet.com.

215 Lucas Ave
Los Angeles, CA 90026

Villa Hermosa Apartments | 80% Vacant · Multifamily Property For Sale · 32 Units

INVESTMENT HIGHLIGHTS

  • Massive Value-Add Opportunity with Immediate Upside
  • Reconfigure to 28 Two-Bedroom & 4 Three-Bedroom Layouts
  • Prime Westlake / City West Location – ±0.70 Miles to Downtown LA
  • ±80% Vacant - 26 of 32 Units Delivered Vacant
  • 39,725 Square Feet of Land – Zoned for ±159 Units

PROPERTY FACTS

No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.91 AC
Building Size 24,360 SF
Average Occupancy 19%
No. Stories 2
Year Built 1951
Parking Ratio 1.35/1,000 SF

PROPERTY TAXES

ZONING

Zoning Code R-4 (R4 + Tier 2 TOC)
  • Listing ID: 21423748

  • Date on Market: 11/5/2020

  • Last Updated:

  • Address: 215 Lucas Ave, Los Angeles, CA 90026