• 21,812 sq.ft.
  • 36,587 sq.ft. lot
offered at $8,395,000
Status: Active Under Contract // Property Type:
County: Los Angeles // Year Built: 1949

Property Description

APARTMENT OR DEVELOPMENT OPPORTUNITY. Predominantly market rents. Beautiful large courtyard style building. 14 two bedroom units and 10 one bedroom units, for a total of 24 units. Four 2nd floor units with balconies/ two units with patios. All units have formal dining rooms or dining areas with wainscoting. Living rooms with hardwood floors and tiled floors in kitchen and bathrooms. Full baths with tub and shower. Individual hot water heaters. Tenants pay for electric and gas. No laundry contract / building owns washers and dryers and the majority of the refrigerators. Building is 100% occupied and is subject to LA Rent Control. 24 covered parking spaces. Development Opportunity/ Cash-flow while obtaining entitlements Zoned LAR3 . 36,587 Sq. Ft. Density Bonus for "very low, low & mod income allocation"

Listing Courtesy of Philip Seymour, Elite Properties Realty

Interior Features

Heating: Wall Furnace
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

Use of this site means you agree to the Terms of Use

Based on information from California Regional Multiple Listing Service, Inc. as of February 8, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.