2335 Miramar Street may be purchased individually or together with 2334 Valley Street, located directly across the alley, allowing for scale and operational efficiency. 8 unit multifamily property located in Westlake offering significant rental upside and repositioning potential. The unit mix consists of six studio units and two one bedroom… Read More one bathroom units. Current rents are well below market levels with projected stabilized rents supporting strong income growth. The property offers on site parking, functional layouts, and is situated in a highly walkable and centrally located neighborhood with convenient access to Downtown Los Angeles, Koreatown, Silver Lake, and Hollywood. This asset provides investors the opportunity to acquire a well located building at an attractive basis with measurable value add potential. Read Less
Property listed by Fred Leeds Asset Group Inc., Chandler Rockwell 310-259-7556
Listing Snapshot
Days Online
52
Last Updated
Beds
8
Square Ft.
4,424
Lot Size
0.16 Acres
Year Built
1929
MLS Number
26651801
Additional Details
Building
Built in 1929, Living area: 4424.0, 1 building, Levels: MultiSplit
Cooling
WallWindowUnits
Garage
3 spaces
Heating
WallFurnace
Income
Gross Income: $108,647, Net Operating Income: $63,333
Interior Features
CeilingFans
Lot
0.155 acres, Dimensions: 45x150
Parking
7 open parking spaces, 10 total parking spaces, Covered, Gated, Uncovered
Taxes
Parcel Number: 5154012011, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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