2203 4th Ave | Los Angeles, CA 90018
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- LoopNet Team
2203 4th Ave
Los Angeles, CA 90018
8 Units Renovated Near West Adams · Multifamily Property For Sale
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8 Units
INVESTMENT HIGHLIGHTS
- Renovated with High End Finishes: Stainless Steel Kitchen Appliances, Quartz Countertops, New Flooring, Central AC & Heat, and More
- Bordering the Rapidly Gentrifying West Adams and Arlington Height Sub-Markets, Which Have Both Seen an Influx of New Developments and Nightlife
- Due to the Large Lot, New Ownership May Have an Opportunity to Add Additional Units Through the State’s Accessory Dwelling Unit (ADU) Program
- There are Four One-Bedroom Units and Four Two Bedroom Unit with Spacious Floor Plans That Feature Yards, Decks, and Balconies
- The Subject Property is Aligned with the Evolving Needs of Today’s Renters - Low Density, with Large Common Area
PROPERTY FACTS
| No. Units | 8 | Building Size | 8,104 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1938 |
| Building Class | C | Parking Ratio | 1.23/1,000 SF |
| Lot Size | 0.32 AC | ||
| Zoning | RD2 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 8,104 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1938 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | RD2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 800 |
| 2+1 | 4 | - | 1,250 |
PROPERTY TAXES
| Parcel Number | 5060-025-007 | Improvements Assessment | $970,499 |
| Land Assessment | $1,455,750 | Total Assessment | $2,426,249 |
PROPERTY TAXES
Parcel Number
5060-025-007
Land Assessment
$1,455,750
Improvements Assessment
$970,499
Total Assessment
$2,426,249
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