2325 Ocean View Ave | Los Angeles, CA 90057
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2325 Ocean View Ave
Los Angeles, CA 90057
Lane Manor I 24-UNIT VALUE-ADD I $115K/UNIT · Build-to-Rent Property For Sale
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24 Units
INVESTMENT HIGHLIGHTS
- Compelling Value-Add with Average Rents of $1,062 Compared to $1,575 Pro Forma - 48% Upside
- Exceptional Accessibility to Major Employment Hubs.
- Super Bowl, World Cup, and 2028 Olympics to Put Los Angeles on the World Stage
- $115K Price Per Unit, 8.99 In-Place GRM.
- Convenient Central Location Near Entertainment Districts.
PROPERTY FACTS
| No. Units | 24 | Total Plot Size | 0.18 ac |
| Property Type | Build-to-Rent | Property Size | 16,380 sq ft |
| Property Subtype | Apartment | No. Floors | 3 |
| Apartment Style | Low-Rise | Year Built | 1929 |
| Costar Property Class | C | ||
| Use Class | LAR3 | ||
| No. Units | 24 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.18 ac |
| Property Size | 16,380 sq ft |
| No. Floors | 3 |
| Year Built | 1929 |
| Use Class | LAR3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 12 | - | 475 |
| 1+1 | 12 | - | 575 |
PROPERTY TAXES
| Parcel Number | 5154-036-004 | Improvements Assessment | £229,123 |
| Land Assessment | £35,533 | Total Assessment | £264,657 |
PROPERTY TAXES
Parcel Number
5154-036-004
Land Assessment
£35,533
Improvements Assessment
£229,123
Total Assessment
£264,657
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