Duplex 811-813 N Vendome St. Los Angeles | 811 N Vendome St
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Duplex 811-813 N Vendome St. Los Angeles 811 N Vendome St
2 Unit Apartment Building $1,200,000 ($600,000/Unit) Los Angeles, CA 90026
Investment Highlights
- Redevelopment Opportunity
- Tenants stayed over 10 years
- 100% Occupancy
Executive Summary
Current rent rate is below market rate. Tenants stayed over 10 years. Currently on month to month basis.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$28,760
|
$15.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$28,760
|
$15.07
|
| Taxes |
$15,600
|
$8.18
|
| Operating Expenses |
$3,850
|
$2.02
|
| Total Expenses |
$19,450
|
$10.19
|
| Net Operating Income |
$9,310
|
$4.88
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $28,760 |
| Annual Per SF | $15.07 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $28,760 |
| Annual Per SF | $15.07 |
| Taxes | |
|---|---|
| Annual | $15,600 |
| Annual Per SF | $8.18 |
| Operating Expenses | |
|---|---|
| Annual | $3,850 |
| Annual Per SF | $2.02 |
| Total Expenses | |
|---|---|
| Annual | $19,450 |
| Annual Per SF | $10.19 |
| Net Operating Income | |
|---|---|
| Annual | $9,310 |
| Annual Per SF | $4.88 |
Property Facts
| Price | $1,200,000 | Apartment Style | Low Rise |
| Price Per Unit | $600,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Sale Conditions | Redevelopment Project | Building Size | 1,908 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1923 |
| Price | $1,200,000 |
| Price Per Unit | $600,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 1,908 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1923 |
Site Amenities
- 24 Hour Access
Walk Score ®
Very Walkable (88)
zoning
| Zoning Code | LARD1.5 (Residential) |
| LARD1.5 (Residential) |
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Duplex 811-813 N Vendome St. Los Angeles | 811 N Vendome St
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