1680 W 22nd St | Los Angeles, CA 90007
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- LoopNet Team
1680 W 22nd St
Los Angeles, CA 90007
USC-Adjacent 6-Unit with Upside! · Build-to-Rent Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Well-situated 6-Unit LA multifamily investment opportunity located in the heart of the fast-growing West Adams submarket
- Attractive Unit Mix consisting of (4) two-bedroom units , and (2) one-bedroom units.
- Surface Parking Lot for 6 with Ground-Up ADU Potential utilizing SB 1211 (Buyer to Verify)
- Spacious Floor Plans averaging approximately 833 SF per unit.
- Value-add potential with approximately 35% in upside in rents from current to market.
- USC Adjacent - USC boasts a graduate and undergraduate population of roughly 47,000 students in addition to approximately 25,000 faculty and staff.
PROPERTY FACTS
| No. Units | 6 | Property Size | 5,000 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Costar Property Class | C | Parking Allocation | 0.67/1,000 sq ft |
| Total Plot Size | 0.15 ac | ||
| Use Class | R2-1-HPOZ - Two Family Dwellings | ||
| No. Units | 6 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.15 ac |
| Property Size | 5,000 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built | 1964 |
| Parking Allocation | 0.67/1,000 sq ft |
| Use Class | R2-1-HPOZ - Two Family Dwellings |
AMENITIES
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 5054-018-027 | Improvements Assessment | £286,326 |
| Land Assessment | £858,982 | Total Assessment | £1,145,309 |
PROPERTY TAXES
Parcel Number
5054-018-027
Land Assessment
£858,982
Improvements Assessment
£286,326
Total Assessment
£1,145,309
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