325 S Occidental Boulevard
Los Angeles, CA 90057
- – beds
- – baths
- – sqft
- 13,109 sqft lot
- 1949 build
- – on site
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Priced at $187,500 per unit, we are pleased to present this value-add, twenty-unit (20) unit investment opportunity located at 325 S. Occidental Blvd., a grand tree lined street with a center median. This building is located in the Rampart Village neighborhood of Los Angeles, which is adjacent to Koreatown to the West, Silver Lake to the North and Downtown Los Angeles to the East. The Koreatown submarket remains one of the strongest rental submarkets in the city. This is a great opportunity for a value-add investor, as the rents are approximately 50% below market. This two-story, 11,384 square foot, garden style apartment building was built in 1949. The building is situated on a 13,108 square foot LARD4-1 zoned parcel. The property consists of ten (10) studio units and ten (10) one bedroom & one bath units. One unit will be delivered vacant. The residents have a wide range of amenities close by such as restaurants, shopping, medical clinics, and recreation areas such as MacArthur Park and Lafayette Park. The property's central location has access to the 101, 110 and 10 freeways. The property being is sold in its As-Is, Where-Is condition
Last checked:
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Last updated Jul 16, 2024
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MLS# 22167537 —
The Building
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Year Built:1949
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New Construction:No
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Building Area Total:11384.00
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Total Number Of Units:20
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# of Buildings:1
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Stories Total:2
Financial & Terms
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Disclosures:Trust/Conservatorship
Location
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Directions:Just South of 3rd Street, West of La Fayette Park Pl
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Latitude:34.06704000
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Longitude:-118.28304900
The Property
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Property Type:Residential Income
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Zoning:LAR4
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Lot Size Area:13109.0000
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Lot Size Acres:0.3009
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Lot Size SqFt:13109.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5155009004
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Carport
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Parking Spaces:11.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/16/22
Aug 16, 2022
|
Sold | CRMLS_CA | $3,640,000 | -2.3% |
|
8/10/22
Aug 10, 2022
|
Pending | CRMLS_CA | $3,725,000 | |
|
7/13/22
Jul 13, 2022
|
Price Changed | CRMLS_CA | $3,725,000 | -5.1% |
