1050 S Park View ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,948 sqft
Price per Sqft $319
MLS Listing ID 25520527
Bedrooms 20
Year Built 1923
Lot Size 6,290 Sqft
Property Description
Beautiful, Prideful and very well maintained & remodeled rental property with 21 Studio units in close very proximity to many shops and restaurants in the rapidly changing Pico Union area just West of Downtown LA! Nearly all units have been wonderfully remodeled and the entire building is light, bright with a creative energy about it. Will be delivered with 3 vacant units!!! New carpeting being installed in all hallways and also has newer roof. This area has been increasingly sought after by tenants for close proximity to Korea Town and Downtown LA. Seller financing is a possibility. This is a great investment building with strong upside potential and returns! Rents have not been increased for awhile, so new buyer can! Market rents for each of the 3 vacant residential units is $1,900 maximum. Unit Summary: 18 Residential and 3 Commercial Retail (REGULAR LEASES - NOT Triple Net Leases!).
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAC2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet
Fireplaces Type None
Laundry Common Area
Exterior
Parking Features None
Pool None
View Y/N Yes
View City Lights
Building
Story 2
Sewer Other
New Construction No
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard