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8715 Hooper Ave
Los Angeles, CA 90002

FOUR UNITS W/ "RTI" PLANS FOR TWO ADUs · Multifamily Property For Sale · 4 Units

Investment Highlights

  • Strong unit mix of (1) - 2 bed / 1 bath and (3) - 1 bed / 1 bath with approximate rental upside of 93%
  • Two accessory dwelling units will be delivered "ready-to-issue" offering (2) - 3 bed / 2 bath units
  • Under LA County rent control and located in a qualified opportunity zone
  • One unit is to e delivered vacant and offers a great opportunity for an owner/user
  • Projected cap rate of 8.68% prior to construction of the accessory dwelling units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.21 AC
Building Size 2,429 SF
No. Stories 1
Year Built/Renovated 1923/2022
Parking Ratio 3.29/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 $592.50 -
2+1 1 $2,050 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6043-002-036
Land Assessment
$540,600
Improvements Assessment
$244,800
Total Assessment
$785,400

zoning

Zoning Code LCR2 (Two-Family Residence)
LCR2 (Two-Family Residence)
  • Listing ID: 25505825

  • Date on Market: 4/19/2022

  • Last Updated:

  • Address: 8715 Hooper Ave, Los Angeles, CA 90002

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