2241 Ewing St
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2241 Ewing St
4 Unit Apartment Building $1,499,000 ($374,750/Unit) 2.86% Cap Rate Los Angeles, CA 90039
Executive Summary
This 4 unit located sought after Silverlake neighborhood consists of 2 - 2bedroom - 1 1/2 bath townhomes plus 2 - 2 bedroom- 1 bath unit. Investors, property can add 2 ADU units for additional income. Looking for home but can't afford a single family, why not make one of the townhomes your home and have additional income to help pay the mortgage. Low maintenance building as most appliances belong to tenants and 3 of 4 units have washer/dryer hook-ups in unit and a/c window units. Great potential for upgrades & upside potential. Easy access to fwy to downtown LA, Dodger Stadium, Universal Studios, Echo Park plus all the local restaurants.
Property Facts
| Price | $1,499,000 | Apartment Style | Low Rise |
| Price Per Unit | $374,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 2.86% | Building Size | 3,492 SF |
| Gross Rent Multiplier | 19.4 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.72/1,000 SF |
| Price | $1,499,000 |
| Price Per Unit | $374,750 |
| Sale Type | Investment |
| Cap Rate | 2.86% |
| Gross Rent Multiplier | 19.4 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,492 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.72/1,000 SF |
Unit Amenities
- Air Conditioning
- Hardwood Floors
- Carpet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 2+1.5 | 2 | - | - |
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Walk Score ®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 5422-017-018 | Improvements Assessment | $382,034 |
| Land Assessment | $891,414 | Total Assessment | $1,273,448 |
PROPERTY TAXES
Parcel Number
5422-017-018
Land Assessment
$891,414
Improvements Assessment
$382,034
Total Assessment
$1,273,448
zoning
| Zoning Code | LARD3 |
| LARD3 |
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2241 Ewing St
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