1050 S Park View St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,948 sqft
Price per Sqft $319
MLS Listing ID 25520527
Style Spanish
Bedrooms 20
Construction Status Updated/Remodeled
Year Built 1923
Lot Size 6,289 Sqft
Acres 0.1444
Property Sub-Type Multi-Family
Property Description
Beautiful, Prideful and very well maintained & remodeled rental property with 21 creative Studio units in very close proximity to many shops and restaurants in the rapidly changing Pico Union area just West of Downtown LA! Nearly all units have been beautifully remodeled and the entire building is light, bright with a creative energy about it. 3 units will be delivered VACANT at close of escrow. 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, Downtown LA and mass transit. Seller financing is a possibility. This is a great investment building with BIG upside potential and returns! Market rents for each of the 3 vacant residential units is $1,900 Max. Building Unit Breakdown: 18 Residential and 3 Commercial Retail (ALL REGULAR LEASES - NO Triple Net Leases!).
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LAC2
Rooms
Other Rooms None
Dining Room 0
Kitchen Formica Counters, Remodeled
Interior
Interior Features High Ceilings (9 Feet+)
Heating Wall
Cooling Wall/Window, Other
Flooring Vinyl Tile, Mixed, Carpet
Fireplaces Type None
Equipment Hood Fan, Range/Oven, Refrigerator
Laundry Community
Exterior
Parking Features None
Pool None
View Y/N Yes
View City
Building
Lot Description Curbs, Fenced
Story 2
Foundation None
Sewer In Street
Water Public
Architectural Style Spanish
Level or Stories Two
Structure Type Brick
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard