27-unit apartment complex in Pico-Union, CA
We recently appraised a 27-unit apartment complex located in Pico-Union area of Los Angeles, Los Angeles County, California. Commercial appraisal Pico Union. The apartment complex was constructed in 1914 and 100% occupied. It is a center-hall building with interior hallways. The unit mix consists of 18 studio units & 9 one-bedroom units. The average unit size was 574 SF. This apartment valuation was conducted for a regional financial institution.
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Bixby Appraisal Group is a provider of commercial and residential real estate appraisal services in Southern California. In the past 15 years, our firm appraised over 4,000 properties. We specialize in the valuation of apartments, retail, industrial, mixed-use, office, 2-4 units, condos, single family homes and vacant land. The firm is located in the Bixby Knolls section of Long Beach, California and service most areas of Los Angeles and Orange County. Our appraisers produce high-quality appraisal reports for lending, estate planning, trust, divorce, business partnership dissolution, and property tax assessment purposes. Clients include banks, attorneys, CPAs, government entities, brokers, owners and private investors.
The owner of Bixby Appraisal Group holds the Certified General Real Estate Appraiser license and is in compliance with all continuing education requirements with the Bureau of Real Estate Appraisers in the state of California. In addition, he holds the MAI Designation from the Appraisal Institute and CCIM Designation from the Certified Commercial Investment Member Institute.
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