6300 Orange Avenue 6300 Orange St 18 Unit Apartment Building $5,000,000 ($277,778/Unit) 5.61% Cap Rate Los Angeles, CA 90048
EXECUTIVE SUMMARY
· 1st Time to be Sold in Over 47 Years!
· Controlled Access Entry
· Excellent Unit Mix Offering all 1 and 2 Bedroom Units
· Spacious Units Averaging Approx. 795 SF Each
· 5,61% Cap rate Day 1
· 17 Units on RUBS program, Unit 4 Currently Vacant - Opportunity to Convert to RUBS
· Controlled Access Entry
· Excellent Unit Mix Offering all 1 and 2 Bedroom Units
· Spacious Units Averaging Approx. 795 SF Each
· 5,61% Cap rate Day 1
· 17 Units on RUBS program, Unit 4 Currently Vacant - Opportunity to Convert to RUBS
PROPERTY FACTS
| Price | $5,000,000 |
| Price Per Unit | $277,778 |
| Sale Type | Investment |
| Cap Rate | 5.61% |
| Gross Rent Multiplier | 10.53 |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 14,040 SF |
| No. Stories | 2 |
| Year Built | 1950 |
UNIT AMENITIES
- Disposal
- Crown Molding
- Hardwood Floors
- Refrigerator
SITE AMENITIES
- Controlled Access
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 14 | - | 700 |
| 2+1 | 4 | - | 1,000 |
Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 5510-028-030 | Improvements Assessment | $561,416 |
| Land Assessment | $274,918 | Total Assessment | $836,334 |
ZONING
| Zoning Code | LAR3 |
