7,501 Sqft Lot
7,501 Sqft Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26099417
HOA Y/N No
Year Built 1939
Lot Size 7,501 Sqft
Property Sub-Type Apartment
Property Description
Windsor Village/Hancock Park neighborhood in Los Angeles. This
oversized apartment offers a tremendous investment opportunity
for a first time or experienced investor in the area.
This 2-story building was built in 1939 with a total size of 6,789 SF,
and consists of large units that have been split into (4) 2/1 units
and (4) studios plus a separate (1) studio owner's unit above the
garage. 7 out of the 9 current units have been lightly remodeled
and can be delivered vacant at close of escrow, or kept as midterm
rentals.
There are 6 rear garage + 2 onsite parking spaces, and there is an
opportunity to convert the garages into an ADU as an additional
rental unit. Recent upgrades include updated electrical in progress.
On a big 7,499 SF lot zoned LA-R3, the property is directly next to
the Metro lot with future development plans underway. Prime Location in Hancock Park near Koreatown, Miracle Mile,
Mid-Wilshire, Beverly Hills, Grove, & Downtown LA ... Incredible opportunity to capitalize on the upcoming Olympics!
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Interior
Interior Features Crown Molding, Bedroom on Main Level
Heating Forced Air, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile, Vinyl, Wood
Fireplaces Type Decorative, Living Room
Fireplace Yes
Appliance Disposal, Gas Range, Refrigerator, Water Heater, Dryer
Laundry Washer Hookup, In Garage, Laundry Room
Exterior
Parking Features Carport, Driveway, Garage, Uncovered
Garage Spaces 6.0
Garage Description 6.0
Fence Wrought Iron, Wire
Pool None
Community Features Curbs, Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Roof Type Composition
Total Parking Spaces 8
Private Pool No
Building
Lot Description 6-10 Units/Acre, Front Yard, Lawn, Landscaped
Faces East
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5090032007
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Nearby Locations