8 Units on Corner of San Vicente | 4777 San Vicente Blvd
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8 Units on Corner of San Vicente 4777 San Vicente Blvd
8 Unit Apartment Building $1,700,000 ($212,500/Unit) 5.30% Cap Rate Los Angeles, CA 90019
Investment Highlights
- Corner Property
- Huge Upside
- Tree Lined San Vicente
- Little Known Deferred Maintenance
Executive Summary
On a desirable corner of tree lined San Vicente, by the Mid City where Lowes Ralphs BoA and WellFargo are located. 8 Units all well under market. Hasn't traded in close to a decade - so there's little known deferred maintenance. Parking in the back. Laundry room on site. Setup and Rent Roll are attached.
Property Facts
| Price | $1,700,000 | Property Subtype | Apartment |
| Price Per Unit | $212,500 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.30% | Lot Size | 0.13 AC |
| Gross Rent Multiplier | 12.5 | Building Size | 5,540 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1954 |
| Price | $1,700,000 |
| Price Per Unit | $212,500 |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| Gross Rent Multiplier | 12.5 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 5,540 SF |
| No. Stories | 2 |
| Year Built | 1954 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
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Walk Score ®
Walker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 5083-023-016 | Improvements Assessment | $568,914 |
| Land Assessment | $1,200,407 | Total Assessment | $1,769,321 |
PROPERTY TAXES
Parcel Number
5083-023-016
Land Assessment
$1,200,407
Improvements Assessment
$568,914
Total Assessment
$1,769,321
zoning
| Zoning Code | LAR3 |
| LAR3 |
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8 Units on Corner of San Vicente | 4777 San Vicente Blvd
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