$3,550,000
$3,995,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
6,764 Sqft Lot
SOLD DATE : 07/25/2025
Key Details
Sold Price $3,550,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24192209
Sold Date 07/25/25
HOA Y/N No
Year Built 1989
Lot Size 6,764 Sqft
Property Sub-Type Apartment
Property Description
PRICE REDUCES OVER $200,000. Great 1031 property. Annual rents are at least $25,000 below market. Request OM from listing broker for complete details. Walking distance to Wilshire for the tenant. This is a great no frills “newer” building, just south of Wilshire. Solid rental area. Great potential for increased rents. This is one of the few buildings in the area with private parking for all units. Well maintained units with subterranean parking for tenants. Elevator to all floors. Center hallway plan. Individual hot water heaters. 16 parking spaces. Leased laundry machines on each floor. Each unit has its own hot water heater. AT&T entry system. Property is serviced with Spectrum for internet. Wall unit heating and Air conditioning.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR4
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned, Controlled Entrance, Covered, Underground, On Site, Private
Garage Spaces 16.0
Garage Description 16.0
Pool None
Community Features Urban, Gated
Utilities Available Sewer Connected
Roof Type Flat
Total Parking Spaces 16
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5093024019
Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Brian Hatkoff Hatkoff Investments
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