6812 11th Avenue Active

Los Angeles,CA 90043

$ 6595000

- Bed

0 Bath

23874 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 23,874 sqft

Price per Sqft $276

MLS Listing ID CL25560143

HOA Y/N No

Year Built 1964

Lot Size 0.468 Acres

Acres 0.47

Property Sub-Type Other

Property Description

An attractive 26 units - almost all are rehabbed. Newer windows and railings. Seismic completed. Diverse unit mix. Strong on-site and off-site management. Separately-metered and RUBS program. 'Leaner' annual expenses and less-likely to come out-of-pocket for cap ex, versus competing deals. Can likely add several ADUs, maybe as many as a half dozen! 6% CAP CURRENT9.11% CAP PROFORMA24K SQ. FT. RENTABLEMASSIVE 20K SQ. FT. LOT - ADD 5 OR 6 ADUs. EXCLUSIVELY LISTED AT $6,595,000PRICE RECENTLY REDUCEDSOLD ALONG WITH 8 UNITS AT 6821 11TH ACROSS THE STREET - BUILDNGS CAN BE SOLD SEPARATELY.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Forced Air

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 4006026041

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