3232 W Avenue 32

    Los Angeles (City), CA 90065
    • $6,300,000
    • STATUS: Active
    • ON SITE: 191 days
    • ID#: 18375336
    UPDATED: 16 min ago
    $6,300,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,128
      SQFT
    • $391
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1990
    County:

    School Ratings & Info

    Description

    We are pleased to present 3232 W. Avenue 32 a 16 Unit NON-RENT CONTROLLED apartment community located in Glassell Park, CA (90065). The offering, built in 1990, features 16 large apartment homes with an exceptional unit composition featuring Ten (10) Large 2 Bedroom-2 Bathroom, Four (4) 2 Bedroom-1.5 Bathroom, One (1) 4 Bedroom-2.5 Bathroom and One (1) 4 Bedroom- 2 bathroom apartment homes encompassing +/-16,128 square feet of improvements. Each unit includes central air conditioning and heating. The common areas feature 2 laundry rooms (building owned equipment), lobby and central courtyard. Each unit includes one or more balconies and select upper units feature treetop views of the surrounding city. Seven (7) of Sixteen (16) apartment homes (43% of units) have been upgraded. Property is also for sale with 3245 Avenue 32 (12 Units) directly across the street. **Please contact agent for full offering memorandum.**

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T13:34:41.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/86533744

    3232 W Avenue 32 Los Angeles (City), CA 90065

    • Price: $6,300,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: 18375336
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    16,128
    SQFT
    $391
    $/SQFT
    1990
    Built
    Neighborhood:
    623 - Glassel Park
    County:
    Los Angeles
    Area:
    623 - Glassel Park
    Property Description
    We are pleased to present 3232 W. Avenue 32 a 16 Unit NON-RENT CONTROLLED apartment community located in Glassell Park, CA (90065). The offering, built in 1990, features 16 large apartment homes with an exceptional unit composition featuring Ten (10) Large 2 Bedroom-2 Bathroom, Four (4) 2 Bedroom-1.5 Bathroom, One (1) 4 Bedroom-2.5 Bathroom and One (1) 4 Bedroom- 2 bathroom apartment homes encompassing +/-16,128 square feet of improvements. Each unit includes central air conditioning and heating. The common areas feature 2 laundry rooms (building owned equipment), lobby and central courtyard. Each unit includes one or more balconies and select upper units feature treetop views of the surrounding city. Seven (7) of Sixteen (16) apartment homes (43% of units) have been upgraded. Property is also for sale with 3245 Avenue 32 (12 Units) directly across the street. **Please contact agent for full offering memorandum.**
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Cooling Central Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 14.70 Gross Operating Income 426300.00 Improvements Amount 483274 Land Value 351472 Laundry YN Yes Net Operating Income 274410.00 Special Listing Conditions Standard Total Expenses 143364.00 Zoning Lard2

    Listing provided courtesy of Adam Zunder of Keller Williams Studio City and Rich Johns of Kw Commercial Studio City


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T13:34:41.95. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024