Prime investment opportunity in the heart of LA's vibrant 90019 zip code! This charming 8-unit building, set on a large 13,166 SF R3 lot, offers a rare blend of classic architecture, updated interiors, and exceptional long-term upside. The unit mix includes 4 spacious 2-bed units and 4 well-appointed 1-bed units, many of which have been remodeled or meticulously maintained. Pride of ownership is evident throughout. Below-market rents and long-term tenants provide immediate value-add potential. Ideally located near Koreatown, Mid-Wilshire, and Harvard Heights, the property is surrounded by new multifamily developments. With R3 zoning and a sizable lot, this is also a fantastic opportunity for developers to tear down and build condos or a larger multifamily project in one of LA's hottest growth corridors. Whether you're seeking stable cash flow, redevelopment upside, or both this is a can't-miss opportunity.
86 days
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43
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4
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Zillow last checked:
Listing updated:
Listed by:
Christophe ChooDRE # 01027350310-488-3044,
Coldwell Banker Realty310-777-6200
Source: CLAW,MLS#: 26833875
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 8
Heating
Wall, Natural Gas
Cooling
Air Conditioning, Wall/Window Unit(s)
Appliances
Included: Gas Oven, Oven, Refrigerator, Dryer, Gas Water Heater, MultiTank Water Heater
Laundry: In Unit, Gas Or Electric Dryer Hookup
Features
Flooring: Carpet, Hardwood, Tile, Vinyl, Laminate
Basement: Partial
Has fireplace: Yes
Fireplace features: Dining Room, Living Room, Kitchen
Interior area
Total structure area: 9,268
Total interior livable area: 9,268 sqft
Property
Parking
Total spaces: 16
Parking features: Assigned, Auto Driveway Gate, Community Structure, Secured, Covered, Detached, Driveway, Shared Driveway, Open, On Street, Other, Garage Is Detached, Garage - 4+ Car, Driveway Gate, Concrete
Garage spaces: 8
Uncovered spaces: 8
Features
Levels: One
Stories: 2
Entry location: Ground Level w/steps
Patio & porch: None
Exterior features: Balcony
Pool features: None
Spa features: None
Fencing: Gate,Fenced,Fenced Yard
Has view: Yes
View description: None
Waterfront features: None
Lot
Size: 0.3 Acres
Dimensions: 73 x 17825
Features: Landscaped, Street Lighting, Sidewalks, Rectangular Lot
Source: Keller Williams - Chino Hills #WS16049029Report a problem
9/1/2016
Price change
$2,160,000-1.4%$233/sqft
Source: Keller Williams - Chino Hills #WS16049029Report a problem
8/24/2016
Price change
$2,190,000-3.1%$236/sqft
Source: Keller Williams - Chino Hills #WS16049029Report a problem
7/8/2016
Price change
$2,260,000-0.9%$244/sqft
Source: Keller Williams - Chino Hills #WS16049029Report a problem
6/28/2016
Price change
$2,280,000-0.9%$246/sqft
Source: Keller Williams - Chino Hills #WS16049029Report a problem
5/17/2016
Price change
$2,300,000-1.3%$248/sqft
Source: Keller Williams - Chino Hills #WS16049029Report a problem
4/9/2016
Price change
$2,330,000-2.5%$251/sqft
Source: Keller Williams - Chino Hills #WS16049029Report a problem
4/4/2016
Price change
$2,390,000-2.4%$258/sqft
Source: Keller Williams - Chino Hills #WS16049029Report a problem
3/30/2016
Price change
$2,450,000-2%$264/sqft
Source: Keller Williams - Chino Hills #WS16049029Report a problem
3/10/2016
Listed for sale
$2,500,000$270/sqft
Source: Keller Williams - Chino Hills #WS16049029Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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