571 Fairview Ave | Los Angeles, CA 90033
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- LoopNet Team
571 Fairview Ave
Los Angeles, CA 90033
Fairview Heights · Multifamily Property For Sale · 38 Units
Investment Highlights
- 1st time available for sale in nearly a half-century
- Due for +/- 6% rental increases in February 2024
- Additional upside potential through RUBS & new HACLA voucher program
- Significant income upside potential of +/- 47%
- At least 5 units delivered vacant
- 16 on-site parking spaces
PROPERTY FACTS
| No. Units | 38 | Building Size | 12,006 SF |
| Property Type | Multifamily | Average Occupancy | 87% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Lot Size | 0.39 AC |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 12,006 SF |
| Average Occupancy | 87% |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 1.33/1,000 SF |
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- Laundry Facilities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 37 | $1,039 | - |
| 1+1 | 1 | $1,850 | - |
PROPERTY TAXES
| Parcel Number | 5174-011-022 | Improvements Assessment | $473,611 |
| Land Assessment | $103,243 | Total Assessment | $576,854 |
PROPERTY TAXES
Parcel Number
5174-011-022
Land Assessment
$103,243
Improvements Assessment
$473,611
Total Assessment
$576,854
zoning
| Zoning Code | LAR3 |
| LAR3 |
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