This Multifamily Property is no longer advertised on LoopNet.com.
520 California
Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
2020 ~ 2022 REMODELED - Generational Investment Opportunity - potential 29+% increase in NOI
Highly Walkable and Quiet Neighborhood near 3rd Street Promenade, bi-weekly Farmer's Market, Vons, CVS, Whole Foods, banks, restaurants, ...
Bright, sunny, and airy - large widows exposing abundant natural lighting
LOCATION - LOCATION - LOCATION - 1 block north of Wilshire and 5 blocks to Ocean Ave with direct access to California Incline to the beach boardwalk
Close proximity to Metro, Fwy 10/ 405. and PCH
High tech, finance, education, medical. legal, entertainment, services.- job rich environment
PROPERTY FACTS
No. Units
7
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Low-Rise
Building Class
C
Lot Size
0.11 AC
Building Size
7,196 SF
Average Occupancy
86%
No. Stories
3
Year Built
1969
Parking Ratio
1.57/1,000 SF
Zoning
SMR4*
AMENITIES
UNIT AMENITIES
Air Conditioning Balcony Cable Ready Dishwasher Disposal Fireplace
Washer/Dryer Heating Ceiling Fans Granite Countertops Ice Maker
Refrigerator Oven Views Walk-In Closets Yard
Breakfast Nook Built-In Bookshelves Dining Room Framed Mirrors Linen Closet
SITE AMENITIES
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
1+1
3
-
700 - 750
2+2
4
-
1,000 - 1,250
PROPERTY TAXES
Parcel Number
4292-012-022
Improvements Assessment
$160,326
Land Assessment
$538,307
Total Assessment
$698,633
