Multifamily
2325 5th Ave
2325 5th Ave, Los Angeles, CA 90018
Listing Price: $2,400,000
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire an eight-unit apartment community situated in the Jefferson Park sub-market on the Border of West Adams, located at 2325 5th Avenue. The property is situated on a 6,674 square foot parcel and comprises of five one-bedroom units and three two-bedroom units. The property boasts ample parking with a total of 13 spaces for eight units. Moreover, there is 35% remaining rental upside through interior renovations, making it a value-add opportunity for potential buyers. Current ownership also completed all soft-story retrofit requirements in 2020. The building is constructed of wood frame and stucco that has been attentively maintained by the current ownership. The property is located on a quiet street that features mostly single-family residences, duplexes, and four-unit buildings, with only one other 5+ unit building on the block. The immediate area is undergoing significant gentrification, with numerous new developments and renovations taking place, making it a prime location for real estate investment. Overall, 2325 5th Avenue offers an exceptional opportunity for investors to acquire a property with significant value-add potential, ample parking, and a desirable location in a dense pocket of Los Angeles.
Investment Highlights
- There is 35 Percent Remaining Rental Upside Through Interior Renovations.
- There are a 15 Total Parking Spaces for Eight Units.
- Located on a Quiet Street that is 53% Single Family Residences, 35% Duplexes & Four Unit Buildings, with Only One Other 5+ Unit Building.
- Current Ownership Completed all Soft-Story Retrofit Requirements in 2020.
- Current Ownership Has Attentively Maintained the Property.
- Family Owned and Operated for the Last 11 Years.
Exclusively Listed By
Financing By
Listing Price: $2,400,000
Investment Highlights
- There is 35 Percent Remaining Rental Upside Through Interior Renovations.
- There are a 15 Total Parking Spaces for Eight Units.
- Located on a Quiet Street that is 53% Single Family Residences, 35% Duplexes & Four Unit Buildings, with Only One Other 5+ Unit Building.
- Current Ownership Completed all Soft-Story Retrofit Requirements in 2020.
- Current Ownership Has Attentively Maintained the Property.
- Family Owned and Operated for the Last 11 Years.
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire an eight-unit apartment community situated in the Jefferson Park sub-market on the Border of West Adams, located at 2325 5th Avenue. The property is situated on a 6,674 square foot parcel and comprises of five one-bedroom units and three two-bedroom units. The property boasts ample parking with a total of 13 spaces for eight units. Moreover, there is 35% remaining rental upside through interior renovations, making it a value-add opportunity for potential buyers. Current ownership also completed all soft-story retrofit requirements in 2020. The building is constructed of wood frame and stucco that has been attentively maintained by the current ownership. The property is located on a quiet street that features mostly single-family residences, duplexes, and four-unit buildings, with only one other 5+ unit building on the block. The immediate area is undergoing significant gentrification, with numerous new developments and renovations taking place, making it a prime location for real estate investment. Overall, 2325 5th Avenue offers an exceptional opportunity for investors to acquire a property with significant value-add potential, ample parking, and a desirable location in a dense pocket of Los Angeles.
Exclusively Listed By
Financing By

