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$3,450,000
Est. payment /mo
12,776 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,776 sqft
Price per Sqft $270
MLS Listing ID CL25533185
HOA Y/N No
Year Built 1963
Lot Size 9,015 Sqft
Acres 0.21
Property Sub-Type Other
Property Description
GRM 11.87 and CAP 6.2 in the Prime location of Korea-town. This 12-Unit Apartment is fully occupied including one owner use unit. Exceptional Investment opportunity in the convenient Wilshire Center neighborhood. You can get tenants easily from many offices on Wilshire Blvd and restaurants/cafes form 6th ST. City Views and many windows for natural light and airy interior. This consists of 9 Units of 2B/2B, 2 Units of 1B/1B and 1 Unit of Single. Extra potential income for a storage. Upgrades include Earthquake Retrofit, replacing sewer lines, copper plumbing pipes and new entrance doors. 5 units are renovated with modern kitchens and nice finishes. New A/C for 6 units, new stoves for 8 units, and Stacked Laundry for 5 Units were installed in units. Units are equipped with refrigerator and laminate flooring. The Exterior is just freshly painted. 21 parking spaces with 10 CCTV security and a storage (extra income) are offered. Separate gas and electric meters. Built in 1963, this well-maintained 3-story property sits on the corner at 4th St and Oxford Ave. This is a prime rental area of Los Angeles teeming with businesses, markets, restaurants, schools, shopping, theaters, and convenient access to Metro and Bus stations. Close proximate to Hancock Park, Larchmont Village, Hollywood,
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile, Carpet
Fireplace No
Laundry See Remarks
Exterior
View Y/N true
View City Lights, Trees/Woods
Building
New Construction No
Others
Tax ID 5503004001
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Listed by Sunhee Kilmer • Keller Williams Beverly Hills