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5525 Ash St
Los Angeles, CA 90042

Aiden on Ash · Multifamily Property For Sale · 40 Units

Investment Highlights

  • Part of the 7-Property, 238-unit ViveLA portfolio. May be purchased on an individual, multi-property, or complete portfolio basis.
  • Almost all mechanical systems and deferred maintenance needs have been addressed. Investors can focus on remaining unrenovated units.
  • Proven interior renovation scope to emulate and capture 92%+ in remaining rental income upside.
  • HIghland Park Is a Hot Submarket - 57% of the population are renters, average HHI is $98,880, and there is a 474% affordability gap to home ownership.

PROPERTY FACTS

No. Units 40
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.90 AC
Building Size 32,884 SF
Average Occupancy 97%
No. Stories 2
Year Built 1960
Parking Ratio 1.22/1,000 SF

Unit Amenities

  • Balcony
  • Washer/Dryer
  • Stainless Steel Appliances
  • Walk-In Closets
  • Patio
  • Vinyl Flooring

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Pool
  • Energy Star Labeled
  • Sundeck

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 16 - 664
2+1 6 - 769 - 784
2+2 14 - 891 - 942
3+2 4 - 1,160 - 1,191

Sustainability

Energy Star Certified
90
ENERGY STAR certified buildings save energy and help protect the environment.

PROPERTY TAXES

zoning

Zoning Code LARD2
  • Listing ID: 29804105

  • Date on Market: 10/16/2023

  • Last Updated:

  • Address: 5525 Ash St, Los Angeles, CA 90042