602-608 W 75th St | Los Angeles, CA 90044
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- LoopNet Team
602-608 W 75th St
Los Angeles, CA 90044
16 Units · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Excellent current cap rate offering investor cash flow day one with a 8.97% cap rate and 6.79 GRM
- Strategically located in an area that has seen growth and is located in close proximity to the major business hubs of Los Angeles
- Great unit mix consisting of (11) 1 Bed / 1 Bath, (4) 2 Bed / 1 Bath, (1) 3 Bed / 1 Bath spread out over 10,032 square feet
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.32 AC |
| Property Type | Multifamily | Building Size | 10,032 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1929/2001 |
| Zoning | LAR3 - restricted Density Multiple Dwelling | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 10,032 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1929/2001 |
| Zoning | LAR3 - restricted Density Multiple Dwelling |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | $2,195 | 575 |
| 2+1 | 4 | $2,795 | 700 |
| 3+1 | 1 | $3,195 | 905 |
PROPERTY TAXES
| Parcel Number | 6020-021-005 | Improvements Assessment | $633,768 |
| Land Assessment | $1,480,312 | Total Assessment | $2,114,080 |
PROPERTY TAXES
Parcel Number
6020-021-005
Land Assessment
$1,480,312
Improvements Assessment
$633,768
Total Assessment
$2,114,080
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