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Listed by Matthew Guerra • KW Executive
$1,499,000
Est. payment /mo
5,494 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,494 sqft
Price per Sqft $272
MLS Listing ID CRAR25111197
HOA Y/N No
Year Built 1931
Lot Size 6,363 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Attractive Spanish Style Architecture Which Has Been Meticulously Maintained - High Vaulted Ceiling Units. Long Time Owner of 30+Years! Over 56% Rental upside (Value Add Potential)!! Extremely Large Units With Potential To Convert Into 2-Bedrooms With Laundry Room Surrounded by all amenities LA has to offer such as but not limited to: Union Station, Crypto.com Arena, Monterey Park Golf Club, Arts District, Financial District, USC Keck School of Medicine, Little Tokyo, Chinatown, etc. Potential To Reduce Property Taxes With Mills Act (Buyers to do their own investigation) Potential To Implement RUBS (ratio utility billing system), and reduce recurring expenses.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Inside
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