711 S Rampart Blvd | Los Angeles, CA 90057
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- LoopNet Team
711 S Rampart Blvd
Los Angeles, CA 90057
8.2 GRM & 6.6 Cap Rate on Current Income · Multifamily Property For Sale · 40 Units
INVESTMENT HIGHLIGHTS
- 8.2 GRM on Current Income with Upside
- Central Location at Hoover and 7th Street
- Remarkable High 6.6% Current Cap Rate
- Old World Charm and Amazing Cash Flow
PROPERTY FACTS
| No. Units | 40 | Lot Size | 0.65 AC |
| Property Type | Multifamily | Building Size | 25,816 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1924 |
| Building Class | C |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.65 AC |
| Building Size | 25,816 SF |
| No. Stories | 4 |
| Year Built | 1924 |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Recycling
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 36 | $1,154 | 450 |
| 1+1 | 4 | $1,685 | 750 |
PROPERTY TAXES
| Parcel Number | 5141-012-002 | Improvements Assessment | $1,551,581 |
| Land Assessment | $4,551,316 | Total Assessment | $6,102,897 |
PROPERTY TAXES
Parcel Number
5141-012-002
Land Assessment
$4,551,316
Improvements Assessment
$1,551,581
Total Assessment
$6,102,897
ZONING
| Zoning Code | LAC2-4, Los Angeles |
| LAC2-4, Los Angeles |
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