$1,700,000
$1,950,000
12.8%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 06/13/2024
Key Details
Sold Price $1,700,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24070347
Sold Date 06/13/24
HOA Y/N No
Year Built 1966
Lot Size 6,969 Sqft
Property Description
Centrally located between the sought-after neighborhoods like Hancock Park, Silver Lake, Korea Town and Hollywood, this 10 unit apartment building offers a great opportunity for any investor looking for a property with a big upside in rents. The building has undergone some renovations including a new roof, two units are remodeled, retrofitting has been done and all is well cared for. Long term tenants live on the property offering a huge upside potential in rents. There are a lot of new construction projects around the area.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LAR3
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks, Urban
Total Parking Spaces 7
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5521034011
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Aristide Buhoiu • Royal Estate Properties