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- MLS#20626742
- TypeIncome
- CountyLOS ANGELES
- CityLos Angeles
- AreaDowntown L.A.
- Zip90017
- StyleContemporary
- Price$ 1,249,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3409
- Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Alex 'Zan' Sacker with Keller Williams-Santa Monica.
Property Description
Situated just a short distance to Echo Park and downtown, sits this opportunity to have a great building in your portfolio to later develop if wanted.With the ability to build up to 15 units on this large lot, there is tremendous potential given its R3 zoning. Currently 6 units total (4 singles and 2 one bedrooms) with no vacancies or late rents all of which being long term. Two separate structures with plenty of onsite parking (8 total spaces). Below market rents with plenty of upside and low operating costs, one could collect rents while applying for permits and plans. With close proximity to Good Samaritan hospital and New Academy of Science and Art, Gratts Elementary and Primary schools, freeways, downtown, Staples Center, L.A. Live etc. Each unit separately metered for gas and electric. DO NOT DISTURB TENANTS.
Price History | |
---|---|
9/1/2020 | Listed $1,249,999 |
General Features
Architectural Style | Contemporary |
---|---|
Cooling | None |
Directions | Westlake which is west of the 110 freeway and downtown Los Angeles |
Facing Direction | West |
Heating | Wall Furnace |
Levels | Multi/Split |
Listagentaor | Malibu |
Listing Agent | Alex 'Zan' Sacker - BRE#01279796 |
Listing Agent State License | 01279796 |
MLS Area | C42 - Downtown L.A. |
Parking Features | Carport, Attached Carport, Detached Carport, Driveway, Covered, Driveway Down Slope From Street |
Pool Features | None |
Price Per Square Foot | 366.68 |
Roof | Composition |
Security Features | Gated Community, Smoke Detector(s) |
Source System | CRMLS |
Spa Features | None |
Special Listing Conditions | Standard |
Total Units | 6 |
View | City Lights |
Zoning | LAR3 |
Interior Features
Fireplace Features | None |
---|---|
Heating Y/N | Yes |
Laundry Features | Community, Outside |
Laundry Y/N | Yes |
Total Stories | 2 |
Exterior Features
Building Area Total | 3409.00 |
---|---|
Lot Size Acres | 0.1600 |
Lot Size Area | 7084.0000 |
Lot Size Square Feet | 7084.00 |
Lot Size Units | Square Feet |
Number of Buildings | 2 |
Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool