2233 S Marvin Ave Property Description
2233 S Marvin Ave Los Angeles, CA 90016
4,377 sqft / 6,499 sqft lot / Zoned: LARD 1.5
In the thriving West Adams neighborhood of Los Angeles (the “Property”).
Built in 1940, the property contains (4) 2 Bedroom, 1 Bathroom units, each with two surface parking spots, which is highly desirable within this area.
Will be delivered with one unit vacant.
At market rents, the property will be at a cap rate of 7.2% with a 10.8 GRM (Gross Rent Multiplier).
The property resides in an opportunity zone.
Purchase Price: $1,195,000 + 2% Finder's Fee
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2233 S Marvin Ave Property Details
Property type: 4-Plex
Square Feet: 4377
Lot Size: 6499
Off MLS: yes
2233 S Marvin Ave Location
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5470 West Washington Boulevard, Los Angeles, CA 90016
2314 Carmona Avenue, Los Angeles, CA 90016
Marvin Elementary School
2411 Marvin Avenue, Los Angeles, CA 90016
Alpha Pre & Elementary School
5252 W Adams Blvd, Los Angeles, CA 90016
New Los Angeles Charter School
1919 South Burnside Avenue, Los Angeles, CA 90016