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1101 Leighton Ave
Los Angeles, CA 90037
Multifamily Property For Sale · 4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 4,344 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1942/2019 |
| Building Class | C | Parking Ratio | 1.84/1,000 SF |
| Lot Size | 0.15 AC |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,344 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1942/2019 |
| Parking Ratio | 1.84/1,000 SF |
About 1101 Leighton Ave , Los Angeles, CA 90037
The Davis Saadian Group of BRC Advisors - Beverly Hills, is pleased to offer for sale this four (4) unit multifamily investment opportunity, located in the City of Los Angeles. The subject property is constructed of wood frame and stucco, built in 1942, with approximately 4,344 rentable square feet on a 6,750 square foot lot. The asset is comprised of a single two-story structure, with a unit mix consisting of one (1) 4+4, one (1) 3+2, one (1) 2+2, and one (1) 2+1 unit. Recent upgrades to the property include new exterior paint, updated copper plumbing, and all four (4) units were recently remodeled/ renovated within the last year with hardwood floors, new tile, new cabinetry and granite counter-tops. The investment boasts spacious floor plans, secured gated entry, eight (8) on-site parking spaces, and individually metered for both gas and electricity. The investment is a current stabilized 6.25% Cap Rate. Excellent cash flow, and well positioned about 1 block away from the Coliseum. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS. 2) Submit Offer on a CAR Residential-Income Purchase Agreement. 3) Interior Inspection/Books & Records Granted with an Accepted Offer. 4) Submit Proof of Funds & Pre-Qualification Letter with Offer. 5) Seller Selects all Services Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information above and bears all risk for any inaccuracies.
PROPERTY TAXES
| Parcel Number | 5037-021-020 | Improvements Assessment | $530,604 |
| Land Assessment | $992,229 | Total Assessment | $1,522,833 |
PROPERTY TAXES
zoning
| Zoning Code | LARD1.5 |
| LARD1.5 |
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