$ 1,795,000
-
$1,795,000
Price -
16
Bed -
14
Bath -
6,635
SqFt
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About the Listing OC21382 - OCVALEVER,RROSAISA
Rare 6-unit multifamily investment opportunity in the Westlake area of Los Angeles. Originally built in 1924, this approximately 6,780 SF multifamily asset sits on a 7,591 SF LAR3-zoned lot and features an attractive large-unit mix consisting of two (3-Bedroom, 3-Bath) units, two (3-Bedroom, 2-Bath) units, and two (2-Bedroom, 2-Bath) units, along with five private garages. Current ownership has completed significant improvements and unit reconfiguration designed to enhance functionality and appeal to today's rental market. Ownership reports plans and permits have been obtained for the ongoing improvements. Seller-provided projections indicate strong income potential upon stabilization. Located minutes from Downtown Los Angeles, Koreatown, Echo Park, Silver Lake, MacArthur Park Metro Station, LA Live, major employment centers, and transportation corridors. Large-unit multifamily inventory of this scale is increasingly difficult to find in central Los Angeles. Additional property, permit, and financial information available upon request. Property is being sold AS-IS. All information is deemed reliable but not guaranteed. Buyer is advised to independently verify all information including permits, plans, approvals, zoning, square footage, unit configurations, projected income, expenses, and all other matters affecting the property.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
OC26115568
Year Built
1927
Total Square Footage
6,635
Lot/Acreage
0.17
County
Los Angeles
Area
C42 - Downtown L.A.
Interior Details
- Bedrooms: 16
- Bathrooms: 14 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 6-10 Units/Acre,Yard,No Land Lease
- Garage Capacity: 5 car
- Parking Spaces: 5
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5155033016
- Tax Year: N/A
Payment Calculator
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Questions About..
253 S Carondelet Los Angeles, CA 90057
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