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1438-1444 W 25th St

5 Unit Apartment Building $1,771,775 CAD ($354,355 CAD/Unit) Los Angeles, CA 90007

Investment Highlights

  • 13,500 sq ft lot
  • Units are RSO and in HPOZ
  • 5 units with 9 parking spots, 4 units occupied

Executive Summary

Location is in R4 zoning and Historic Preservation Overlay Zone (HPOZ). Four out of the five units are occupied seller wants to sell units occupied.Truly the opportunity of a lifetime! This 13,503 sq ft property is zoned R4 with three current structures and is in an HPOZ (Historic Preservation Overlay Zone. Built in 1922, there are five 2 bedroom / 1 bathroom units, four of which are currently occupied. Additional conveniences include 9 parking spots and a shed for 2 units. The property is subject to Los Angeles Rent Stabilization Ordinance, with rents currently totaling $4,458.48, and the seller would prefer to transfer the property occupied. Current units range in rents from $967.20 to $1,263.60 per month, with the recommended market value of the vacant fifth unit being $1,750 - $1,900. Located near USC, this property is both income generating and developable. The current buildings are in need of extensive repairs - inquire for more detailed information. Broker and Brokers Representatives are not responsible for accuracy of any information. Buyer to do own investigation including but not limited to zoning information, building requirements, condition of property etc.
To walk the property and see the empty unit, call or text Cindy Wexler at 818-416-4889. Feel free to drive by property but Do NOT disturb occupants.

Property Facts

Price $1,771,775 CAD
Price Per Unit $354,355 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.31 AC
Building Size 4,310 SF
Average Occupancy 80%
No. Stories 1
Year Built 1922
Parking Ratio 2.09/1,000 SF

Site Amenities

  • Fenced Lot

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -
3+2 1 - -
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, 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.
What is a Walk Score®
, 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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5054-027-019
Land Assessment
$377,933 CAD
Improvements Assessment
$229,045 CAD
Total Assessment
$606,978 CAD

zoning

Zoning Code R4 (RSO (Rent Stabilization Ordinance & HPOZ (Historic Preservation Overlay Zone))
R4 (RSO (Rent Stabilization Ordinance & HPOZ (Historic Preservation Overlay Zone))
  • Listing ID: 34094133

  • Date on Market: 2024-12-05

  • Last Updated:

  • Address: 1438-1444 W 25th St, Los Angeles, CA 90007

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