4073 West Blvd - Apartments FOR SALE
Los Angeles, CA 90008 |
4073 West Blvd
Los Angeles, CA 90008
HIGHLIGHTS
- Value Add Opportunity: 24-units located in the emerging Baldwin Village neighborhood of Los Angeles. Current rents are approximately 73% under market
- Attractive Deal Metrics: Priced below replacement cost at $154,167 per unit and $157.13 per foot
- Favorable Unit Mix: Building consists of (12) one-bedroom/one-bathroom units and (12) two-bedroom/one-bathroom units
- Property Features: The apartments boast spacious layouts with plenty of natural lighting. The property is fully-parked, with (24) covered garage spac
- 36-Unit Portfolio Opportunity: Can be purchased with 4119 Santo Tomas Drive, 12-units located just two blocks away (36-unit portfolio)
- Land/Zoning: The 23,548 sf building sits on a large 35,413 sf lot that is LAR3 zoned (Tier 2 TOC) and located in an Opportunity Zone
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
23548
STORIES
2
YEAR BUILT
1948
PARKING SPACES
12
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
5032-012-001
