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$ 3,600,000
Est. payment | /mo
16,152 SqFt
$ 3,600,000
Est. payment | /mo
16,152 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 16,152 sqft
Price per Sqft $222
MLS Listing ID CL26653873
HOA Y/N No
Year Built 1911
Lot Size 8,823 Sqft
Acres 0.2
Property Sub-Type Other
Property Description
RENTAL INCOME: $416,412.00 per year / $34,701.00 per month. Excellent opportunity to acquire a 26-unit apartment building in the Downtown L.A. / South Park area just south of the 10 Freeway. This 3-story, 16,152 sq. ft. building resides on an 8,823 sq. ft. corner lot which consists of thirteen 1 bed/1bath units and thirteen studios. Tremendous upside potential and is perfect for the investor looking to add more units to their portfolio at a low $138,461.00 cost per unit / $222.88 cost per square foot. The building is well taken care of and all units are mastered metered. The property is located several blocks south of the 10 Freeway on an excellent and quiet stretch of Maple Ave. and directly across the street from the Santee Education Complex. Excellent on-site manager / handy man. This asset is positioned in the northwest area of the 90011 zip code and 1.5 miles from the Crypto.com Arena. Large 1,000 sq. ft. plus basement that can potentially be used as laundry area. Seller selects all services.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Cooling None
Fireplace No
Building
Lot Description Other
New Construction No
Others
Tax ID 5127016003
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Listed by Billy Rojas • Ashby & Graff
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447