2533 Ocean View Ave | Los Angeles, CA 90057
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2533 Ocean View Ave
Los Angeles, CA 90057
MONTE VISTA I 30-UNIT VALUE ADD I $120K/UNIT · Build-to-Rent Property For Sale
·
30 Units
INVESTMENT HIGHLIGHTS
- Compelling Value-Add with Average Rents of $1,208 Compared to $1,517 Pro Forma - 26% Upside.
- Exceptional Accessibility to Major Employment Hubs.
- Super Bowl, World Cup, and 2028 Olympics to Put Los Angeles on the World Stage.
- $120K Price Per Unit, 8.28 In-Place GRM.
- Convenient Central Location Near Entertainment Districts.
PROPERTY FACTS
| No. Units | 30 | Total Plot Size | 0.13 ac |
| Property Type | Build-to-Rent | Property Size | 16,832 sq ft |
| Property Subtype | Apartment | No. Floors | 5 |
| Apartment Style | Mid-Rise | Year Built | 1926 |
| Costar Property Class | C | ||
| Use Class | LAR3 - Restricted Density Multiple | ||
| No. Units | 30 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.13 ac |
| Property Size | 16,832 sq ft |
| No. Floors | 5 |
| Year Built | 1926 |
| Use Class | LAR3 - Restricted Density Multiple |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 20 | - | 475 |
| 1+1 | 10 | - | 575 |
PROPERTY TAXES
| Parcel Number | 5155-030-009 | Improvements Assessment | £256,619 |
| Land Assessment | £33,704 | Total Assessment | £290,323 |
PROPERTY TAXES
Parcel Number
5155-030-009
Land Assessment
£33,704
Improvements Assessment
£256,619
Total Assessment
£290,323
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