CA > Los Angeles
Los Angeles, CA 90033,207 N Savannah St
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Los Angeles, CA 90033,207 N Savannah St
Los Angeles, CA 90033,207 N Savannah St
Los Angeles, CA 90033,207 N Savannah St
Los Angeles, CA 90033,207 N Savannah St
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 2,300,000
Est. payment /mo
Save
Active Under Contract

207 N Savannah St Los Angeles, CA 90033

26 Beds

17 Baths

11,170 SqFt

UPDATED:

11/12/2024 06:25 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 11,170 sqft

Price per Sqft $205

MLS Listing ID 24-445363

Bedrooms 26

Year Built 1932

Lot Size 0.328 Acres

Acres 0.328

Property Description

Do Not Walk the Property or Disrupt Tenants. Contact Listing Team for Property Showing Instructions. We are pleased to present for sale a unique value-add opportunity located at 207 North Savannah Street. The 17-unit building is comprised of three studio units, two one-bedroom/one-bath units, and twelve two-bedroom/one-bath units. This property is located in the Boyle Heights neighborhood, which is minutes east of Downtown Los Angeles and The Arts District. This property sits on North Savannah Street, between Cesar Chavez Avenue and 1st Street, just west of Evergreen Avenue. Tenants of the building benefit from immediate access to the 10-freeway, and less than a 14-minute bike ride to the Art's District of Downtown Los Angeles. Additionally, the Gold Line Station at Soto Street is only a 10-minute walk and gives access to employment hubs throughout Los Angeles MSA. The Sixth Street Viaduct opened to the public in July 2022 and adds another thoroughfare into the Arts District. The $588 million-dollar project crosses over a new public park. The much-discussed effort to restore the Los Angeles River continues to drive new development in the surrounding neighborhoods as eight firms compete to restore the section of the river that runs between Downtown Los Angeles and Boyle Heights. This property offers an investor the rare opportunity to acquire a mid-century constructed asset at an extremely favorable basis of $135,294 per Unit for mostly two-bedroom units, with on-site parking.

Location

State CA

County Los Angeles

Area Boyle Heights

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Gated, Covered Parking

Garage Spaces 17.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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