520 S St Louis St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
520 S St Louis St
6 Unit Apartment Building $1,495,000 ($249,167/Unit) 4.17% Cap Rate Los Angeles, CA 90033
Investment Highlights
- Excellent Unit Mix Consisting of (6) Two-Bedroom Units
- Separately Metered for Water!
- Well-Maintained 1970s Construction!
- Over 50% Rental Upside!
- Great On-Site Parking For Tenants!
- Property is Near Hollenbeck Park, Offering a Great Walkable Recreation Area for Tenants!
Executive Summary
The Azzi Group of Marcus and Millichap is pleased to present the opportunity to acquire 520 S St. Louis St, a 6-Unit multifamily apartment building located in the 90033 zip code of Los Angeles
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,495,000 | Property Subtype | Apartment |
| Price Per Unit | $249,167 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 4.17% | Lot Size | 0.17 AC |
| Gross Rent Multiplier | 13.39 | Building Size | 5,733 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1972 |
| Price | $1,495,000 |
| Price Per Unit | $249,167 |
| Sale Type | Investment |
| Cap Rate | 4.17% |
| Gross Rent Multiplier | 13.39 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 5,733 SF |
| No. Stories | 2 |
| Year Built | 1972 |
Unit Amenities
- Dishwasher
- Washer/Dryer
- Kitchen
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Gated
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 720 |
1 of 1
Walk Score ®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 5183-019-004 | Total Assessment | $1,058,176 (2024) |
| Land Assessment | $355,000 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $703,176 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
5183-019-004
Land Assessment
$355,000 (2024)
Improvements Assessment
$703,176 (2024)
Total Assessment
$1,058,176 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | LARD1.5 (Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations) |
| LARD1.5 (Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations) |
-
Tony Azzi -
Rabbie Banafsheha -
Marcus & Millichap
1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
520 S St Louis St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.