Property Details.

Price $800,000

Year Built 1925

# of Units 4

Price P/ Unit $200,000

Sq. ft. 2,597

Price p/ Sq. ft. $308

Current Cap Rate 6.44%

Proforma Cap Rate 8.84%

Lot Size 9,810 SF

Zoning LARD2

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3505 Marguerite Street
Los Angeles, CA 90065

About the Property

3505 Marguerite Street consists of 2 legal and 2 un-permitted & non-conforming units occupied with rent-controlled tenants. Built-in 1925, the subject property is comprised of three separate structures: a front duplex, a middle bungalow, and a back house.

The Opportunity

Additionally, the site is located in an opportunity zone that qualifies the owner for a special tax incentive program.

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