7814 S Main St | Los Angeles, CA 90003
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- LoopNet Team
7814 S Main St
Los Angeles, CA 90003
Multifamily Property For Sale · 5 Units
Investment Highlights
- Unit Mix: (1) 2Bed/1 Bath Units, (4) 1 Bed/1 Bath Units
- Ample Parking: Each Unit has at least (1) Assigned Parking Space with space for plenty of additional guest parking
- Market CAP: 8.54%, Market GRM: 8.75
- Zoned LAC2 w/ Tier 1 TOC Density Bonus offering Developers the opportunity to building over 25 units
- Current CAP Rate: 4.33%, Current GRM: 14.22 w/ 63% Rent Upside
- Lot Size: Large 6,750 SF Lot for the Submarket
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 2,712 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low Rise | Year Built | 1927 |
| Building Class | C | Parking Ratio | 1.84/1,000 SF |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 2,712 SF |
| No. Stories | 1 |
| Year Built | 1927 |
| Parking Ratio | 1.84/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,150 | - |
| 1+1 | 4 | $1,395 | - |
PROPERTY TAXES
| Parcel Number | 6022-008-004 | Improvements Assessment | $271,863 |
| Land Assessment | $906,211 | Total Assessment | $1,178,074 |
PROPERTY TAXES
Parcel Number
6022-008-004
Land Assessment
$906,211
Improvements Assessment
$271,863
Total Assessment
$1,178,074
zoning
| Zoning Code | LAC2 (Neighborhood Commercial) |
| LAC2 (Neighborhood Commercial) |
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