Nestled within the sought-after 90019 zip code, this stunning, pride of ownership 8-unit building presents a rare opportunity to own a piece of timeless elegance in a vibrant and culturally rich neighborhood. Boasting a harmonious blend of classic architecture and modern conveniences, this property is perfectly poised to captivate discerning investors. This thoughtfully designed building features an ideal mix of floor plans, with 4 spacious two-bedroom units and 4 inviting one-bedroom units. Each unit has been meticulously maintained or remodeled to maximize comfort and functionality, offering residents a comfortable retreat that is both welcoming and stylish. For investors seeking an asset with both immediate and long-term potential, this building presents a compelling opportunity. The unit mix caters to a wide range of renters, ensuring a steady stream of income. The sought-after location and impeccable design further contribute to the property's appreciation potential. With a substantial 13,166 square foot lot and many newer developments in this area, this is also a terrific opportunity to build to suit. Below market rents with long term tenants with substantial rent upside.
Mls | 23305307 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1922 |
Days On Site | 464 |
Listing Provided By | Coldwell Banker Realty 310-777-6200 | Christophe Choo |
Beds | 12 |
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Baths | 8 |
Sq Feet | 9,268 |
Garage | 8 |
Storys | 1 |
Units | 8 |
Buildings | 2 |
Zoning | LAR3 |
Acreage | 0.30 |
Property View | None |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90019 |
Area | C16 Mid Los Angeles |
Listing VS Median (in 90019) | |
Price: $2,799,000 low | high Med: $1,285,000 SqFt: 9,268 low | high Med: 2,948 $ / SqFt: $302 low | high Med: $465 On Site: 464 low | high Med: 247.000000 |