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753 Cole Ave

8 Unit Apartment Building $1,799,000 ($224,875/Unit) Los Angeles, CA 90038

Apartment Buildings California Los Angeles 753 Cole Ave, Los Angeles, CA 90038

EXECUTIVE SUMMARY

Great opportunity in Hollywood! 8 Unit building being delivered with 5 vacant units. Or develop! Also the vacant lot next door is available. The two lots together are a great development site! All unit have the same configuration. Each unit is approximately 700 sf. There is a two car garage that can be rented separately. There is a community laundry room that is part of the garage structure.

PROPERTY FACTS

Price $1,799,000 Building Class C
Price Per Unit $224,875 Lot Size 0.14 AC
Sale Type Investment Building Size 5,928 SF
Sale Condition Deferred Maintenance Average Occupancy 37%
No. Units 8 No. Stories 2
Property Type Multifamily Year Built 1934
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low Rise
Price $1,799,000
Price Per Unit $224,875
Sale Type Investment
Sale Condition Deferred Maintenance
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Building Size 5,928 SF
Average Occupancy 37%
No. Stories 2
Year Built 1934
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

SITE AMENITIES

  • Laundry Facilities
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Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 5533-034-002 Improvements Assessment $103,322
Land Assessment $55,970 Total Assessment $159,292

PROPERTY TAXES

Parcel Number
5533-034-002
Land Assessment
$55,970
Improvements Assessment
$103,322
Total Assessment
$159,292

ZONING

Zoning Code LAR3 (Five Or More Units Or Apartments)
LAR3 (Five Or More Units Or Apartments)
(424) 293-1266

CONTACT

  • Listing ID: 32785878

  • Date on Market: 6/24/2024

  • Last Updated:

  • Address: 753 Cole Ave, Los Angeles, CA 90038

More public record information on 753 Cole Ave, Los Angeles, CA 90038

The Hollywood Multifamily Property at 753 Cole Ave, Los Angeles, CA 90038 is currently available. Contact Advantage Real Estate for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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753 Cole Ave
(424) 293-1266 x

753 Cole Ave

David Rosenfeld

(424) 293-1266

(424) 293-1266

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