722 W 79th St | Los Angeles, CA 90044
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- LoopNet Team
722 W 79th St
Los Angeles, CA 90044
All 2-Bdrm Fourplex with 104% Rental Upside · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Can be purchased individually or a part of a 47-unit portfolio, contact Max Berger for more information
- A future investor could achieve $2,150 per unit and operate the building at a 10.01% Pro-Forma CAP (based on market rents)
- Significant value-add opportunity, rents are approx. 104% below market compared to renovated units in the area
- Features (4) 2-bdrm. and 1-bath units that currently generate approx. $4,200 in gross monthly income
PROPERTY FACTS
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Lot Size | 0.16 AC | Year Built | 1921 |
| Building Size | 3,226 SF | Parking Ratio | 1.24/1,000 SF |
| Zoning | RD1.5-1 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.16 AC |
| Building Size | 3,226 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1921 |
| Parking Ratio | 1.24/1,000 SF |
| Zoning | RD1.5-1 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $1,077 | - |
PROPERTY TAXES
| Parcel Number | 6032-027-020 | Improvements Assessment | $167,325 |
| Land Assessment | $429,473 | Total Assessment | $596,798 |
PROPERTY TAXES
Parcel Number
6032-027-020
Land Assessment
$429,473
Improvements Assessment
$167,325
Total Assessment
$596,798
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