This Multifamily Property is no longer advertised on LoopNet.com.
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
90
ENERGY STAR certified buildings save energy and help protect the environment.
PROPERTY TAXES
Parcel Number | 5469-029-033 | Improvements Assessment | $4,800,000 |
Land Assessment | $7,200,000 | Total Assessment | $12,000,000 |
zoning
Zoning Code | LARD2 |
Learn More About Investing in Apartment Buildings
Listing ID: 29804105
Date on Market: 10/16/2023
Last Updated:
Address: 5525 Ash St, Los Angeles, CA 90042
The Glendale Multifamily Property at 5525 Ash St, Los Angeles, CA 90042 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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