In the up-and-coming area of Westlake/ Historic Filipino town adjacent, sits a mid century 7-unit apartment building on a large 11,000 plus sq. ft. lot. It's located in the City of LosAngeles in the Historic Filipino just west of DTLA in the area now going as HiFi. Property contains a unit mix of ( 6 ) one bedroom / one bathroom units and ( 1 ) two bedroom / two bathroom units. Building has great rental upside potential. The exterior has been recently painted and the frontage re-landscaped. 5 potential parking spaces in the rear can be accessed through the alley. This area is going through some great positive changes and it is an excellent opportunity. Plenty of rental upside as well as potential development opportunities on the half empty lot with rear alley access.
MLS# | 24350091 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1950 |
Days On Site | 215 |
Listing Provided By | Compass | Cesar Sanchez |
Bed(s) | 8 |
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Bath(s) | 7 |
SQ Feet | 3,527 |
Story(s) | 2 |
Units | 7 |
Building(s) | 1 |
Zoning | LAR3 |
Acreage | 0.26 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90026 |
Area | C42 Downtown L.A. |
Listing VS Median (in 90026) | |
Price: $1,395,000 low | high Med: $1,000,000 SqFt: 3,527 low | high Med: 1,832 $ / SqFt: $396 low | high Med: $546 On Site: 215 low | high Med: 62.000000 |