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4350 S Kansas Ave
Los Angeles, CA 90037
Perfect 4plex for FHA Buyers or Investors · Multifamily Property For Sale
·
4 Units
Investment Highlights
- 2,658 SF apartment building with excellent unit mix
- Large 7,252 SF Corner lot zoned R3 with Tier 3 density bonus
- Current Cap Rate 4.34% & GRM 15.82 | Market Cap Rate of 6.5% & GRM 11.41
- ADU potential from freestanding 4-car garage structure
- Three units out of Four have brand new flooring, painting, and kitchen
Property Facts
| No. Units | 4 | Building Size | 2,658 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1940 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R3 - Limited Density Multiple Residence | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,658 SF |
| Average Occupancy | 90% |
| No. Stories | 1 |
| Year Built | 1940 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | R3 - Limited Density Multiple Residence |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $2,400 | - |
| 1+1 | 3 | $1,248 | - |
Property Taxes
| Parcel Number | 5020-025-011 | Improvements Assessment | $700,000 |
| Land Assessment | $1,695,000 | Total Assessment | $2,395,000 |
Property Taxes
Parcel Number
5020-025-011
Land Assessment
$1,695,000
Improvements Assessment
$700,000
Total Assessment
$2,395,000
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