
Property Attributes
- MLS#23245953
- TypeIncome
- CountyLOS ANGELES
- CityLos Angeles
- AreaMid-Wilshire
- Zip90005
- Style
- Price$ 2,250,000
- Bedrooms8
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage5322
- Lot Size7,248 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description
We are proud to present this value-add opportunity in Koreatown. The 8-unit building which sits on a 7,249 square foot LAR4 zoned lot is located just west of Vermont Avenue and south of 8th Street. Seven of the eight units have been extensively rehabbed, featuring new flooring, bathroom fixtures, and interior lighting. The unit mix consists of all one bedroom/one bathrooms. A new buyer has the ability re-position the asset and build up to 18 units by right, and up to 34 units using TOC incentives.
Price History | |
---|---|
3/1/2023 | Listed $2,400,000 |
3/3/2023 | 7% - $2,250,000 |
General Features
Additional Parcels Y/N | No |
---|---|
Appliances | Washer |
Association Y/N | No |
Attached Garage | No |
Carport Y/N | No |
City | Los Angeles |
County | Los Angeles |
Days on Market | 220 |
Directions | West of Vermont, South of 8th Street. |
Garage Y/N | No |
Gross Income | 0.0 |
Heating | Central |
Home Warranty Y/N | No |
Land Lease Y/N | No |
Lease Considered Y/N | No |
Lease Renewal Y/N | No |
Levels | MultiSplit |
Lot Size Square Feet | 7249.0 |
MLS Area | C17 - Mid-Wilshire |
Mobilehomeremainsyn | No |
Net Operating Income | 0.0 |
New Construction | No |
Private Pool | No |
Property Attached Y/N | No |
Property Condition | UpdatedRemodeled |
Property Type | ResidentialIncome |
Rent Control Y/N | No |
Senior Community Y/N | No |
Special Listing Conditions | Standard |
Standard Status | Active |
Status | Active |
Street Name | CATALINA |
Total Units | 8 |
View Y/N | No |
Waterfront Y/N | No |
Year Built | 1922 |
Year Built Source | Assessor |
Zoning | LAR4 |
Interior Features
Air Conditioning Y/N | No |
---|---|
Basement (Y/N) | No |
Electric On Property Y/N | No |
Fireplace Y/N | No |
Heating Y/N | Yes |
Livingareasource | Assessor |
Street Suffix | Street |
Total Baths | 8 |
Total Bedrooms | 8 |
Total Stories | 1 |
Exterior Features
Living Area | 5322.0 |
---|---|
Building Area Total | 5322.0 |
Crops Included Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Lot Size Acres | 0.1664 |
Lot Size Area | 7249.0 |
Lot Size Source | Assessor |
Lot Size Units | SquareFeet |
Number of Buildings | 2 |
Open Parking Y/N | No |
Parking Features | Assigned |
Spa | No |
Total Parking | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool