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1945 S Garth Ave
Los Angeles, CA 90034

Residential Property For Sale · 14 Units

Investment Highlights

  • THE OPPORTUNITY: 1945 South Garth represents a 14-unit property located north of Cadillac Avenue, in between Robertson and La Cienega Boulevard.
  • REMAINING UPSIDE: 1945 Garth features approximately 32% rental upside by capturing the loss-to-lease of the legacy units upon turnover.
  • ON-SITE PARKING: The property features on-site parking for each unit, and the soft-story retrofit work has been completed by the current ownership.
  • SIGNIFICANTLY IMPROVED: 7-Units have been fully renovated, and the entire property has new windows, new façade/paint, and updated landscaping.
  • DESIRABLE UNIT MIX: The subject property features 100% 2 and 3 bedroom units.

PROPERTY FACTS

No. Units 14
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.29 AC
Building Size 13,164 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1964

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 2 - 800 - 850
2+2 10 - 850 - 900
3+2 2 - 1,000 - 1,100

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4302-029-040
Land Assessment
£1,838,139
Improvements Assessment
£1,332,650
Total Assessment
£3,170,789

zoning

Zoning Code LARD2 (Restricted Density Multiple Dwelling)
LARD2 (Restricted Density Multiple Dwelling)
  • Listing ID: 25744110

  • Date on Market: 19/05/2022

  • Last Updated:

  • Address: 1945 S Garth Ave, Los Angeles, CA 90034

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