Price $1,200,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size 5,663 sqft
Days on Market 138
$150,000 PRICE REDUCTION! Seller is motivated. Now presenting an incredible opportunity to acquire a development project to build up to 4 units in prime Mid-Wilshire. Current property consists of 4 units at below-market rates -three 1BR/BA units and one 2BR/1BA unit. All of the units are subject to rent control, though the owner's unit may be delivered vacant at COE. The flat lot measures 5939 SF; the two new 4-unit builds on either side of this home have the exact same square footage. The property is located near new retail & residential development projects, major L.A entertainment centers, employment and transportation hubs. Surrounded by high barrier entry markets (Hollywood, Hancock Park, Koreatown, DTLA).
Property Type(s): Residential Income
Last Updated 6/11/2021 Year Built 1927
Community Mid-Wilshire County Los Angeles

Price History

Prior to May 4, '21 $1,400,000
May 4, '21 - Jun 11, '21 $1,250,000
Jun 11, '21 - Today $1,200,000

Additional Details

AREA Mid-Wilshire
GARAGE Driveway, Garage, Yes
LOT 5663 sq ft
PARKING Driveway,Garage
STYLE Craftsman
ZONING LAR3

Location

 

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Listing provided by : Jennifer Eckert CalDRE: 01512045, Nourmand & Associates-HW

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Based on information from California Regional Multiple Listing Service, Inc. as of 6/15/21 2:59 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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