Property listed by Keller Williams Realty Los Feliz, Grant Linscott 323-300-1000
$999,000
New Price! **Sellers open to carry with 40% down payment** - Spectacular offering of a 12-unit SRO building in the Historic Central submarket of Los Angeles. Just south of downtown LA, this stylish building provides the perfect opportunity to add value as well as significant upside in rents. The… Read More unit mix is 12 Single Room Occupancies (SRO) with the units having their own separate exterior entrances and 6 total bathrooms with each bath between two units. There is a large gated parking area with room for 10+ cars. Coin Laundry brings in an additional $6,302/year. Located in the heart of the Historic Central neighborhood, just south of Downtown LA and Los Angeles, the property is near local employment, and entertainment centers such as South Park, LA Live and Crypto Arena. Also, rapidly developing areas like USC, the Arts District, Exposition Park and Koreatown. The neighborhood is considered highly walkable with easy access to freeways, shops and public transportation. Read Less
Listing Snapshot
Days Online
37
Last Updated
Beds
12
Square Ft.
6,936
Lot Size
0.19 Acres
Year Built
1907
MLS Number
26651931
Additional Details
Appliances & Equipment
Oven
Building
Built in 1907, Living area: 6936.0, 1 building, 3 stories, Levels: MultiSplit
Community
Gated
Heating
WallFurnace
Income
Gross Income: $150,972, Net Operating Income: $75,886
Lot
0.195 acres, Dimensions: 50x169
Parking
10 open parking spaces, 10 total parking spaces, Driveway, Gated
Pool
None
Property
CityLights, Hills
Security Features
GatedCommunity
Taxes
Parcel Number: 5127012004, Zoning: LAR2
Tenant Pays
Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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