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$ 4,440,000
Est. payment | /mo
23 Beds
21 Baths
12,040 SqFt
$ 4,440,000
Est. payment | /mo
23 Beds
21 Baths
12,040 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,040 sqft
Price per Sqft $368
MLS Listing ID 24416421
Bedrooms 23
HOA Y/N No
Year Built 1962
Lot Size 0.385 Acres
Lot Dimensions Assessor
Property Description
Listing Price Reduced! Submit All Offers! Seller is Motivated! This 21-unit investment opportunity is located in Hyde Park, a rapidly gentrifying area due to its vital intra-sector development, and its proximity to Leimert Park's dynamic arts district and to Inglewood's thriving business community. The property is zoned R3 and sits on a large 16,755 square foot lot. The structure boasts a NEW ROOF and NEW ELECTRIC PANELS. The unit-mix consists of 3 two-bedrooms, 17 one-bedrooms, and 1 studio. There are 17 secure parking spaces. All units are individually metered for gas and electricity. The property is within 500 feet of the new Hyde Park/Crenshaw metro line. The structure is seismic-retrofit compliant. The property has a 15% rental upside! Sale is not subject to a 1031 exchange.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR3
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Gas Range
Exterior
Garage Driveway
Parking Type Driveway
Attached Garage Yes
Total Parking Spaces 17
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4006002007
Special Listing Condition Standard
Listed by Albert Morell • Keller Williams Beverly Hills
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Kelly McLaughlin
REALTOR® | Lic# 01475708