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$9,990,000
Est. payment /mo
29,020 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 29,020 sqft
Price per Sqft $344
MLS Listing ID CL24407923
HOA Y/N No
Year Built 1955
Lot Size 0.624 Acres
Acres 0.62
Property Sub-Type Other
Property Description
UNIT MIX: 2Bed, 1.75Bath x 20. 1Bed, 1Bath x 8. Actual Monthly Income: $53,200/mo. $638,400/yr. FIRST TIME ON THE MARKET in over two decades, this self-run/easy managed 28-unit RC/HPOZ apartment is situated in the quiet small pocket of Wilshire Park in greater Mid-Wilshire area, just a block south from Windsor Square-Hancock Park with an average home price of over $6 million +. This apartment comes with an ample subterranean gated parking for 20 cars in addition to plenty more street parking with District #566 Permit Exempt dedicated for sufficient parking allocation in the neighborhood. It has a community laundry, hardwood floored units with amazing sizeable layouts reminiscent of good-ole heydays when spaces weren't any concerns and built on a massive 27,000 SF RD2 corner-lot with huge open COURTYARD. A quick 10 min-walk to Wilshire/Western Metro station, an easy 10 min-drive to DTLA and Beverly Hills to east and west. All units have been remodeled within the last ten years per owner. All units are current on their rents with majority long-termed lessees. Showing/Inspection upon "accepted offer" DRIVE-BY ONLY! For all inquiries, email L/A. Phone calls will not be answered.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Flooring Carpet, Wood
Fireplace No
Laundry Community Facility
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5092009030
Virtual Tour https://www.youtube.com/watch?v=FrOPe7ZAOzk
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Listed by Peter Yoo • High Equity Real Estate Service, Inc.