Spectacular offering of a 12-unit building in the Historic Central submarket of Los Angeles. Just south of downtown LA, this stylish building provides the perfect opportunity to add value as well as significant upside in rents. The unit mix is 12 Single Room Occupancies (SRO) with 6 two bedroom… Read More tandem units with separate exterior entrances to the 2nd bedrooms and 6 one bedroom units. There is a large gated parking area with room for 10+ cars. Coin Laundry brings in an additional $6,302/year. Located in the heart of the Historic Central neighborhood, just south of Downtown LA and Los Angeles, the property is near local employment, and entertainment centers such as South Park, LA Live and Crypto Arena. Also, rapidly developing areas like USC, the Arts District, Exposition Park and Koreatown. The neighborhood is considered highly walkable with easy access to freeways, shops and public transportation. Read Less
Property listed by Keller Williams Realty Los Feliz, Grant Linscott 323-300-1000
Listing Snapshot
Days Online
108
Last Updated
Property Type
Other
Beds
12
Square Ft.
6,936
Lot Size
0.19 Acres
Year Built
1907
MLS Number
24433997
30 Days Snapshot Of 90011
$500k
-17%
(avg) sold price
1
-87%
home sold
47
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Oven
Building
Built in 1907, Building area total: 6,936, Levels: MultiSplit, Living area: 6936, 1 building, Architectural style: Victorian
Community
Gated
Heating
WallFurnace
Income
Gross income: $138,792, Net operating income: $102,799
Lot
0.195 acres, 8,494 square feet, Size: 8,494
Parking
10 open parking spaces, 10 totals parking, Driveway, Gated
Pool
None
Property
Zoning: LAR2, CityLights, Hills
Security Features
GatedCommunity
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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