Listed by Lee & Associates - Los Angeles - West
$3,250,000
2016 & 2020 Fair Park Ave
Details
Property Type Multifamily
Sub Type Student Housing
Units 2
Stories 7
Acreage 0.344
Zoning R3-1, TOC3
Multifamily | 2 Units
Marketing description
For Sale
Investment highlights
- Description: Two Single Family Residences
- Land: Approximately 15,000 SF
- Zoning: R3-1, TOC3
- Uses: Affordable Housing, Student Housing, Market Rate Condominiums
- Third Party Reports Available
- Potential In Place Income: $54,000 Annually Gross
- Asking Price: $3,250,000
- Lot size 14,994sf (0.344ac)
- Construction Type: Levels 1-2: Type IA, Levels 3-7: Type IIIA
- Height (level 1 to roof level): 75ft (10ft per level)
- Average Floor Plate: 10,200sf approx.
- Circulation: Open corridors Open/ exterior exit stairs (2), 3,500lbs elevator (2)
- Amenities: Communal space at Level 1 Communal roof deck Shared laundry
- Management: Office Janitors non profit assuming Welfare Exemption
- Other: No parking, No basement
Listing Contacts
Listed by Lee & Associates - Los Angeles - West
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