4136 Abner St
Los Angeles, CA 90032
Multifamily Property For Sale
·
14 Units
PROPERTY FACTS
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 10,500 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.33/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Ceiling Fans
- Hardwood Floors
- Oven
SITE AMENITIES
- Laundry Facilities
ABOUT 4136 ABNER ST , LOS ANGELES, CA 90032
Just Reduced Over $100,000! We are pleased to exclusively offer for sale this 14 unit multi-family investment property located in the city of El Sereno. With a superb unit mix, significant upside in rental income, and located in a primarily residential neighborhood, the subject property is poised for a new investor to reposition the asset and take advantage of continuously gentrifying community. The unit mix consists of 1(3bed+2bath), 8(2bed+1bath)s, 4(1bed+1baths)s, and 1 Studio unit. Tenants pay for their own electricity and gas usage while the owner pays for water and trash. Additionally, tenants enjoy onsite car-port parking, private courtyard setting, and an onsite washer and dryer facility. With a lucrative 30% upside in rental income, while located in a rent-controlled area, a new investor overtime can bring rents to market level and increase the cash-on-cash return to well over 7+%.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $1,468 | - |
| 2+1 | 8 | $1,250 | - |
| 1+1 | 4 | $864.50 | - |
| Studios | 1 | $1,150 | - |
PROPERTY TAXES
| Parcel Number | 5215-001-006 | Improvements Assessment | $1,072,201 |
| Land Assessment | $1,404,582 | Total Assessment | $2,476,783 |
ZONING
| Zoning Code | LARD2 |
