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
![215 Lucas Ave, Los Angeles, CA for sale - Primary Photo - Image 1 of 1](https://images1.loopnet.com/i2/_OVCrdexfYue4bIVPz7Pv_hZTRXbPeLttbbKZjnkPZE/110/215-Lucas-Ave-Los-Angeles-CA-Primary-Photo-1-Large.jpg)
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
Parcel Numbers |
Multiple
|
Improvements Assessment | $1,379,570 |
Land Assessment | $5,597,872 | Total Assessment | $6,977,442 |
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
The City West Multifamily Property at 215 Lucas Ave, Los Angeles, CA 90026 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
- Koreatown Apartment Buildings
- Mid-Wilshire Apartment Buildings
- Northeast Los Angeles Apartment Buildings
- East Hollywood Apartment Buildings
- Westlake Apartment Buildings
- Greater Culver City Apartment Buildings
- Downtown Los Angeles Apartment Buildings
- South Central LA Apartment Buildings
- Harvard Heights Apartment Buildings
- West Adams Apartment Buildings
- Mid-City Apartment Buildings
- Echo Park Apartment Buildings
- Arlington Heights Apartment Buildings
- Hollywood Hills Apartment Buildings
- Westlake North Apartment Buildings
NEARBY LISTINGS
- 4071 Melrose Ave, Los Angeles CA
- 833 S Mariposa Ave, Los Angeles CA
- 812 N Ridgewood Pl, Los Angeles CA
- 1934-1936 New England St, Los Angeles CA
- 3016 Waverly Dr, Los Angeles CA
- 2260-2262 W 15th St, Los Angeles CA
- 455 N Sycamore Ave, Los Angeles CA
- 1801 S Flower St, Los Angeles CA
- 4533 Saturn St, Los Angeles CA
- 1047 Irolo St, Los Angeles CA
- 1271 S Sycamore Ave, Los Angeles CA
- 1724 Menlo Ave, Los Angeles CA
- 1915-1917 S Central Ave, Los Angeles CA
- 1338 Crenshaw Blvd, Los Angeles CA
- 1145 S New Hampshire Ave, Los Angeles CA