1609 Oak St | Los Angeles, CA 90015
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1609 Oak St
Los Angeles, CA 90015
A 6-Unit Value-Add Apartment Near DTLA · Multifamily Property For Sale · 6 Units
INVESTMENT HIGHLIGHTS
- Located in a Designated Opportunity Zone and May be Eligible for Preferential Tax Treatment
- Located in a Dense Pocket Approximately 0.9 Miles from LA Live & Crypto Arena. With a Walk Score of 78, Most Errands can be Accomplished on Foot
- Family Owned & Operated for the Last 11 Years
- There is 40 Percent Remaining Rental Upside Through Interior Renovations
- In Close Proximity to Major Venues for the 2028 LA Olympics, including the LA Coliseum, Crypto.com Arena, & BMO Stadium
- Located in the Path of Future Growth between Downtown Los Angeles, West Adams & Koreatown
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 5,518 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1922/2011 |
| Building Class | B |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 5,518 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1922/2011 |
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
ZONING
| Zoning Code | M1 |
| M1 |
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