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8325 Western, Los Angeles, CA 90047
Priced at Only: $3,750,000
For more Information Call Mobile: 714.478.6676
Address: 8325 Western, Los Angeles, CA 90047
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  • MLS#: PW25266314 ( Apartment )
  • Street Address: 8325 Western
  • Viewed: 1
  • Price: $3,750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 10
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90047
  • Provided by: Home Base Realty Inc
  • Contact: David David
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Introducing 83178325 S Western Avenue, an exceptional 22 unit multifamily opportunity located in the rapidly evolving South Los Angeles submarket. Spanning two adjacent, well maintained buildings, this value add asset offers a strong mix of spacious one bedroom and two bedroom units, onsite parking, and gated access. The property sits on a large 14,000 SF lot with prominent street frontage on Western Ave, providing excellent visibility and consistent tenant demand. Recent turnover of lower paying units, and steady operational performance make this a compelling acquisition for investors seeking both stability and upside. Most units are updated, with separately metered utilities for gas and electricity. Comes city approved plans for 3 additional ADU units at the rear of the property, which will not affect the existing parking at the south side of property. The asset is positioned to deliver strong long term returns.
Features
Additional Parcels Description
  1. 6035017005
  2. 6035017006
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 14228.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. None
Country
  1. US
Current Financing
  1. Conventional
Electric Expense
  1. 2400.00
Fireplace Features
  1. None
Furniture Replacement Expense
  1. 1200.00
Garage Spaces
  1. 3.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 9000.00
Laundry Features
  1. None
Lot Features
  1. Rectangular Lot
Netoperatingincome
  1. 276777.00
Newtaxesexpense
  1. 46875.00
Number Of Separate Electric Meters
  1. 22
Number Of Separate Gas Meters
  1. 22
Otherexpense
  1. 1500.00
Otherexpensedescription
  1. acctg
Otherincome1
  1. 300.00
Otherincome2
  1. 300.00
Parcel Number
  1. 6035017007
Pest Control Expense
  1. 3000.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 24186.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 452586914:CRM
Suppliesexpense
  1. 10000.00
Tenant Pays
  1. Electricity
  2. Gas
Totalexpenses
  1. 162961.00
Trash Expense
  1. 7200.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
Water Sewer Expense
  1. 18000.00
Water Source
  1. Public
Year Built
  1. 1960
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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