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- LoopNet Team
2266 Del Mar Rd
Montrose, CA 91020
$400,000 Reduction | 4.6% CAP | 10 units · Build-to-Rent Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Excellent unit Mix
- Prime Montrose Location
- Located in an excellent school district
- Over 20% Upside in rents
- Nearby Montrose Shopping Park
- Solar panels on roof
PROPERTY FACTS
| No. Units | 10 | Total Plot Size | 0.24 ac |
| Property Type | Build-to-Rent | Property Size | 8,851 sq ft |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Costar Property Class | C | Parking Allocation | 1.02/1,000 sq ft |
| Use Class | R3, County | ||
| No. Units | 10 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.24 ac |
| Property Size | 8,851 sq ft |
| No. Floors | 2 |
| Year Built | 1963 |
| Parking Allocation | 1.02/1,000 sq ft |
| Use Class | R3, County |
AMENITIES
UNIT AMENITIES
- Storage Space
- Eat-in Kitchen
SITE AMENITIES
- Laundry Facilities
- Pool
ABOUT 2266 DEL MAR RD , MONTROSE, CA 91020
The Alexanian Apartment Advisors are pleased to present 2266 Del Mar Rd in Montrose California. 2266DelMarRd apartments located in the urban pocket between San Gabriel and Verdugo Mountains. A well-located apartment community with the ability to increase revenue in the highly supply-constrained neighborhood of Montrose. The 10 units are comprised of (8) 2+1 { rents avging $1,745 } & (2) 3+1.5 { rent's aving $1,900}, including an on-site pool, laundry, parking, and storage units. For full offering memorandum please email info@alexanianadvisors.com or call Greg Alexanian (818) 239-1206.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+1 | 8 | - | - |
| 3+2 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 5807-003-007 | Improvements Assessment | £790,320 |
| Land Assessment | £1,185,482 | Total Assessment | £1,975,802 |
PROPERTY TAXES
