Thank you
Nicole Apostolos
Equity Union
818-989-2000
The subject property presents the opportunity to own in a great location near Pico Blvd and La Brea Ave in the Mid City area of Los Angeles. The building has eight (8) 1+1 units averaging over 625 sqft each. The property provides strong current income with future rental upside potential. All units are separately metered for gas and electricity. Most units have been updated. The subject property has a newer hot water heater and copper plumbing. Assumable Interest Only Loan Fixed Until 2029 at 4.39%. The building is located near Wilshire Vista adjacent to W Pico Boulevard and LA Brea Ave in Mid City. This location offers easy access to the 10 freeway. With close proximity to the ever improving retail outlets and amenities on Pico Blvd and surrounding roads, the subject property is deemed 'very walkable' and boasts a walkability score of 88 out of 100 meaning that most daily errands do not require driving. The property is situated just a few blocks from the Target/Sprouts Farmers market on La Brea, the Mid-Town Crossing center. 1358 S Cochran Ave is in close proximity to employment opportunities at companies such as Google, Hulu and Netflix. Mid City is in a central location and provides easy access to Culver City, Santa Monica, Koreatown, Hollywood and Downtown LA.
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Total Bedrooms : 0
Total Baths: 0
Full Baths: 0
Half Baths: 0
Wall Furnace
Has Heating
Year Built: 1954
Building Area Total: 5,100
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.158
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6881
Original List Price: 1,895,000
Listing Contract Date: 2023-11-22
Listing Agreement: Seller Reserved
Parcel Number: 5070011032
Garage Description: Garage,One Space
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C19 - Beverly Center-Miracle Mile
Postal Code Plus 4: 2873
Directions: North of Pico Blvd., West of La Brea Ave.
Zoning: LAR3
Source Property Type: Residential Income
Area: C19 - Beverly Center-Miracle Mile
Property Age: 70
Year Built Source: Vendor Enhanced
Total Square Feet Living: 5100
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3617 W Venice Boulevard, Los Angeles, CA,90019 | $15,950,000 | 56 | -- | 27,448 | 15952 Sqft |
1714 S Marvin Avenue, Los Angeles, CA,90019 | $1,189,000 | 4 | 3 | 1,708 | 6662 Sqft |
4516 St Charles Place, Los Angeles, CA,90019 | $1,210,000 | 5 | -- | 3,097 | 7013 Sqft |
1269 S Citrus Avenue #8, Los Angeles, CA,90019 | $2,895 | 2 | 1 | -- | 6501 Sqft |
4620 Pickford Street, Los Angeles, CA,90019 | $950,000 | 3 | 1 | 1,632 | 5503 Sqft |
1612 S Sierra Bonita Av.., Los Angeles, CA,90019 | $1,650,000 | 3 | 3 | 2,506 | 5652 Sqft |
1385 1385-87 S Orange D.., Los Angeles, CA,90019 | $1,195,000 | 4 | -- | 2,285 | 6218 Sqft |
1415 S St Andrews Place, Los Angeles, CA,90019 | $2,799,000 | 12 | -- | 9,268 | 13166 Sqft |
1325 S Mansfield Avenue, Los Angeles, CA,90019 | $1,475,000 | 4 | -- | 3,087 | 6905 Sqft |
1089 S Orange Drive, Los Angeles, CA,90019 | $1,595,000 | 6 | -- | 3,696 | 9497 Sqft |
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ByOwner last updated this listing 05/19/2024 @ 01:32
MLS: 23334235
LISTED BY: Nicole Apostolos, Equity Union
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.