245 S Reno Street is a 66-unit apartment building located in the heart of Rampart Village one of the most desirable rental markets in Los Angeles. Built in 1964, the property consists of an excellent mix of Bachelor, Studio, and 2 Bedroom Units. Units are equipped with personal amenities and kitchenettes with each room having its own personal balcony. There is an on-site laundry facility which allows an investor to capitalized on the additional income.Situated in the highly rentable Rampart Village neighborhood, tenants benefit from the ability to walk to the many restaurants, cafes, bars, nightlife and shopping that line Beverly Blvd and Wilshire Blvd. The properties proximity to Downtown and Beverly Hills, provides easy transport to and from work and weekend entertainment for the plethora of renters in Los Angeles. Koreatown and Westlake have attracted one of the highest densities of apartment renters in California which allows an owner to take advantage of the ever-growing presen
Off market
$6,525,800
245 S Reno St, Los Angeles, CA 90057
2beds
66baths
21,368sqft
MultiFamily
Built in 1964
-- sqft lot
$6,525,800 Zestimate®
$305/sqft
$1,862 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 66
Heating
- Forced air
Cooling
- Central
Interior area
- Total interior livable area: 21,368 sqft
Property
Parking
- Total spaces: 33
Lot
- Size: 0.44 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1964
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- SourceLotSizeArea: Vendor Enhanced
- Equipment: Cable
- Cooling: Air Conditioning
- Heating: Central
- ListingArea: Downtown L.A.
- ParkingGarage: Parking Space
- ListingStatus: Active Under Contract
- UnitTypeType: 2106, 2107, 2108
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Estimated market value
$6,525,800