$1,915,000
$1,900,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
0.3 Acres Lot
SOLD DATE : 12/13/2024
Key Details
Sold Price $1,915,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24085037
Sold Date 12/13/24
HOA Y/N No
Year Built 1922
Lot Size 0.302 Acres
Property Description
Don't miss this WOOD-FRAME/Brick Façade property (Buyer to Verify) - with 8 incredibly spacious floor plans! This 8-Unit multifamily investment opportunity is located in the heart of Mid-City/Arlington Heights submarket, just south of Pico Boulevard by Arlington. The building measures at 10,610 SF offering prospective renters with floor plans averaging approximately 1,300 SF per unit - and an attractive unit mix consisting of (6) two-bedroom units , and (2) three-bedroom units. Phenomenal value-add potential with approximately 50% in upside in rents from current to market. On-site Parking for 8 cars and In-Unit Washer/Dryers.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Urban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5073004010
Energy Description 2821.0
Acceptable Financing Contract
Listing Terms Contract
Financing Conventional
Special Listing Condition Standard
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Bought with Everett Wong • Greysteel California, Inc.