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115 S Fresno St 6 Unit Apartment Building $1,199,999 ($200,000/Unit) 6.84% Cap Rate Los Angeles, CA 90063

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INVESTMENT HIGHLIGHTS

Great investment opportunity.

EXECUTIVE SUMMARY

Great investment opportunity, with huge upside potential. This property is in a vey desirable location in Los Angeles. This property consist of 3 SFR's, one with 3 bedrooms and 1 Bath! two of the SFR are 2 bedrooms and 1 Bath and a Triplex in the rear 2 with 2 bedrooms and 1 bath and one with 1 bedroom and 1 bath. This property also includes an attached 3 car garage. Centrally located and within 8 minutes of downtown Los Angeles. This property just needs the right investor to truly bring out the potential and full value of this property.

PROPERTY FACTS

Price	$1,199,999	Property Subtype	Apartment
Price Per Unit	$200,000	Apartment Style	Single-Family Home
Sale Type	Investment	Lot Size	0.18 AC
Cap Rate	6.84%	Building Size	4,054 SF
Sale Conditions	1031 Exchange Deferred Maintenance	Average Occupancy	100%
Gross Rent Multiplier	14.62	No. Stories	2
No. Units	6	Year Built	1901
Property Type	Multifamily

Price	$1,199,999
Price Per Unit	$200,000
Sale Type	Investment
Cap Rate	6.84%
Sale Conditions	1031 Exchange Deferred Maintenance
Gross Rent Multiplier	14.62
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Single-Family Home
Lot Size	0.18 AC
Building Size	4,054 SF
Average Occupancy	100%
No. Stories	2
Year Built	1901

SITE AMENITIES

Gated

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Walk Score®

Very Walkable (77)

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Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

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, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	5179-006-028	Improvements Assessment	$264,834
Land Assessment	$278,773	Total Assessment	$543,607

PROPERTY TAXES

Parcel Number

5179-006-028

Land Assessment

$278,773

Improvements Assessment

$264,834

Total Assessment

$543,607

ZONING

Zoning Code	LAR2
LAR2

Listing ID: 33709946
Date on Market: 10/31/2024
Last Updated:
Address: 115 S Fresno St, Los Angeles, CA 90063

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