California / Los Angeles / 90061 / 254 East Lanzit Avenue

254 East Lanzit Avenue

Q: What is the asking price for 254 East Lanzit Avenue in Los Angeles?

The asking price for 254 East Lanzit Avenue is $1,499,000

Q: What is the building size of this Multifamily property in Los Angeles, CA?

The size of the building/unit at 254 East Lanzit Avenue in Los Angeles is 5,600 square feet.

Q: How much land does the Los Angeles, CA property at 254 East Lanzit Avenue include?

254 East Lanzit Avenue in Los Angeles includes 0.241 acres of land.

Q: What is the population within 1 mile of 254 East Lanzit Avenue?

The population within 1 mile of 254 East Lanzit Avenue Los Angeles, CA 90061 is 45,887 people.

Q: Who do I contact for questions about 254 East Lanzit Avenue?

You should contact the listing agent, Stephen Watson, for any details regarding this commercial listing.

Los Angeles, CA 90061

Listing ID: 273096

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Building Size: 5,600 SF

Lot Size: 0.241 AC

Land Size: 10,512 SF

Building $/SF: $267.68

Land $/SF: $142.60

Price

$1,499,000

Property Highlights

Excellent Cash Flowing Opportunity

Drive by only. Do not disturb tenants.

Description

True 7.6% CAP in the heart of South Los Angeles! Building is currently occupied by Section 8 tenants that are current with rent and are continuing to pay. Fantastic unit mix of 5 - 3 Bedroom units. Unit #1 is a town home style with 2 floors. Currently 2 of the units are vacant which would allow a new owner to select their own tenants. Building is 5,600 Sq. Ft. on a large 10,512 Sq. Ft. lot. There is ample on-site parking for all units. There is also a laundry room on-site that in not currently in use but a new owner could take advantage of to produce additional revenue.

Attachments & Files

lanzitflyer-yDp-Zan.pdf

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Los Angeles History of Multifamily Housing for Sale

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Listing Demographics for 254 East Lanzit Avenue Los Angeles, CA 90061

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		45,887	389,961	1,076,162
Population Median Age		33	33	34
Population by Age	0-9 Yrs	7735 (16%)	64598 (16%)	165682 (15%)
	10-19 Yrs	7591 (16%)	62564 (16%)	163751 (15%)
	20-29 Yrs	7468 (16%)	63049 (16%)	175402 (16%)
	30-39 Yrs	6580 (14%)	56164 (14%)	153449 (14%)
	40-49 Yrs	5629 (12%)	47345 (12%)	138055 (12%)
	50-59 Yrs	4876 (10%)	43591 (11%)	124586 (11%)
	60-69 Yrs	3326 (7%)	29677 (7%)	87517 (8%)
	70+ Yrs	2682 (5%)	22973 (5%)	67719 (6%)

Median HH Income		$41,172	$44,525	$47,927
Total Household Income	< 24K	3936 (33%)	31309 (30%)	76492 (26%)
	25-49K	2803 (24%)	25272 (24%)	74706 (25%)
	50-74K	1894 (16%)	17594 (17%)	53157 (18%)
	75-99K	1123 (9%)	11734 (11%)	34111 (11%)
	100-199K	1739 (14%)	15209 (14%)	46087 (15%)
	200K+	143 (1%)	1850 (1%)	6896 (2%)

Highest Education Level	No Diploma	11817	89660	249863
	Diploma or GED	7212	62998	173517
	Some College	4820	44895	125319
	Assoc. Degree	1525	13288	37077
	Bachelors Degree	1486	15592	55313
	Higher Degree	441	5534	20482

Total Housing Units		12,026	107,660	303,595
--Owner-Occupied		4,843	42,248	117,130
--Renter-Occupied		6,794	60,719	174,319
Owner-Occupied Values	< 100K	117	1565	3827
	100-199K	381	1539	3643
	200-299K	959	7183	15503
	300-399K	1722	14224	33995
	400-499K	1074	10509	31373
	500K+	589	7226	28790

Total Working Age Population		33,650	286,672	809,969
In Work Force		20,089	173,843	508,276
Not In Work Force		13,561	112,829	301,693
Workforce Employed		18,724	159,088	468,652
Workforce Unemployed		1,365	14,733	39,456
Civlian Workforce		20,089	173,821	508,108
Military Workforce		0	22	168

Total Households		11,637	102,967	291,449
Family Households		8,934	78,510	221,427
Non-Family Households		2,704	24,458	70,022
Married Couple		4,308	38,962	119,082
Other Family		4,626	39,548	102,345
Married w/Child		2,427	19,594	58,031
Single Male w/Child		453	4,500	13,015
Single Female w/Child		1,736	14,940	35,054

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Los Angeles County	9,519,338	+3	9,818,605	+6	10,369,367	+4	10,759,850

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 254 East Lanzit Avenue in Los Angeles?

The asking price for 254 East Lanzit Avenue is $1,499,000

What is the building size of this Multifamily property in Los Angeles, CA?

The size of the building/unit at 254 East Lanzit Avenue in Los Angeles is 5,600 square feet

How much land does the Los Angeles, CA property at 254 East Lanzit Avenue include?

254 East Lanzit Avenue in Los Angeles includes 0.241 acres of land

What is the population within 1 mile of 254 East Lanzit Avenue in Los Angeles?

The population within 1 mile of 254 East Lanzit Avenue Los Angeles, CA 90061 is 45,887 people.

Who do I contact for questions about 254 East Lanzit Avenue?

You should contact the listing agent, Stephen Watson, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Los Angeles International Airport (LAX)	8
John Wayne Airport-Orange County Airport (SNA)	29
Ontario International Airport (ONT)	39