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$5,300,000
Est. payment /mo
7,048 SqFt
UPDATED:
10/01/2024 08:59 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,048 sqft
Price per Sqft $751
MLS Listing ID CL24420251
HOA Y/N No
Year Built 1959
Lot Size 7,906 Sqft
Acres 0.18
Property Description
HUGE PRICE REDUCTION! Luca is proud to present this rare opportunity to purchase 10 Units delivered 80% Vacant just 4 properties away from the Ocean. Located in the Heart of Hollywood Riviera, the property is perfectly situated just footsteps from both the sand and Riviera Village filled with high-end restaurants, nightlife, shopping, and many more amenities. The subject property consists of (6) 1-bedroom/1-Bathroom Units and (4) 2-Bedroom/2-Bathroom Units. The subject property is a blank canvas as 8 out of 10 Units are currently vacant, offering an investor the ability to begin their remodeling workday 1. The property offers subterranean gated parking. Seller has in-place plans, renderings, and other information for a remodel, which can be provided to perspective buyers. This is an A-Class Trophy location and is NOT subject to LA Rent Control and instead falls under AB-1482.
Location
State CA
County Los Angeles
Area Listing
Zoning TORR
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 7511019031
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Listed by Gianluca Jacoli • Shield CRE, Inc.