3320 Woodbine St Los Angeles, CA 90064-4852
Property profile & analytics
3320 Woodbine St Los Angeles, CA 90064-4852
- Apartment buildings
- 9,143 SF
- 0.25 lot acres
Property ID
US10-0509976
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 3320 Woodbine St
- Year built
- 1954
- Lot size
- 0.25 lot acres
- Property size
- 9,143 SF
- Zone code
- LAR3
- Property type
- Apartment buildings
- APN
- 4316-032-004
- APU
- 4316032004
Description
This exceptional value-add multifamily investment opportunity presents a rare chance to acquire a 20-unit apartment building in desirable West Los Angeles. The property, comprised of two two-story buildings totaling 15,432 square feet, sits on a 23,092 square foot lot encompassing three parcels (APN: 4316-032-004, 4316-032-009, 4316-032-012) and includes 20 parking spaces. The unit mix consists of six spacious 2-bedroom/2-bathroom units and fourteen 1-bedroom/1-bathroom units, offering a desirable blend for renters. Currently boasting 100% occupancy, the property generates a current NOI of $243,483, with a pro-forma NOI projected at $449,741, representing a significant upside potential. The asking price is $6,000,000, translating to $300,000 per unit and a current cap rate of 4.06%, with a pro-forma cap rate of 7.50%. Built in 1954 and zoned R3, the property has undergone a complete seismic retrofitting. Its prime location near Fox and Sony Studios, along with excellent access to public transportation, ensures strong rental demand and a stable tenant base. One unit is currently vacant, providing immediate potential for increased revenue. The property is being sold "AS IS," "WHERE IS," with the buyer responsible for verifying all information. This is a unique opportunity to acquire a well-located, value-add multifamily asset in a highly sought-after West LA neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.406
- Latitude
- 34.0304
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,443
$110,804
$192,166
$302,970
-
$0.00
$0.00
$0.00
