800 N Vermont Ave | Los Angeles, CA 90029
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- LoopNet Team
800 N Vermont Ave
Los Angeles, CA 90029
The Monroe at Virgil Village · Multifamily Property For Sale · 57 Units
Investment Highlights
- Prime location directly across the street from Los Angeles City College
- Over 35% upside in rent
- Master metered for gas allowing an extra 1% annual increase
- Unique, mixed-use property with 57 multifamily units and 5, ground floor retail tenants
- First time on the market in over 50 years
- Seller is currently upgrading units to individual electric meters
PROPERTY FACTS
| No. Units | 57 | Lot Size | 0.47 AC |
| Property Type | Multifamily | Building Size | 40,709 SF |
| Property Subtype | Apartment | Average Occupancy | 44% |
| Apartment Style | Mid Rise | No. Stories | 4 |
| Building Class | C | Year Built | 1925 |
| No. Units | 57 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 40,709 SF |
| Average Occupancy | 44% |
| No. Stories | 4 |
| Year Built | 1925 |
Site Amenities
- 24 Hour Access
PROPERTY TAXES
| Parcel Number | 5539-015-022 | Improvements Assessment | $5,976,474 |
| Land Assessment | $8,964,711 | Total Assessment | $14,941,184 |
PROPERTY TAXES
Parcel Number
5539-015-022
Land Assessment
$8,964,711
Improvements Assessment
$5,976,474
Total Assessment
$14,941,184
zoning
| Zoning Code | LAC2 (Neighborhood Commercial) |
| LAC2 (Neighborhood Commercial) |
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