Los Angeles, CA 90006,1050 S Park View Street
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Los Angeles, CA 90006,1050 S Park View Street
Los Angeles, CA 90006,1050 S Park View Street
Los Angeles, CA 90006,1050 S Park View Street
Los Angeles, CA 90006,1050 S Park View Street
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$ 3,500,000
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1050 S Park View Street Los Angeles, CA 90006

10,948 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,948 sqft

Price per Sqft $319

MLS Listing ID CL25520527

HOA Y/N No

Year Built 1923

Lot Size 6,289 Sqft

Acres 0.14

Property Sub-Type Other

Property Description

Beautiful Building you can be proud of and very well maintained & remodeled rental property with 21 creative Studio units in very close proximity to many shops and restaurants in the rapidly changing Pico Union area just West of Downtown LA! 99% of the units have been beautifully remodeled and the entire building is light, bright with a creative energy about it. 2 units will be delivered VACANT at close of escrow. New carpeting installed in all hallways and also has newer roof. This area has been increasingly sought after by tenants for close proximity to Korea Town, Downtown LA and mass transit. Seller financing is a possibility. This is a great investment building with BIG upside potential and returns! Market rents for each of the 2 vacant residential units is $1,900 Max. Building Unit Breakdown: 18 Residential and 3 Commercial Retail (ALL REGULAR LEASES - NO Triple Net Leases!).

Location

State CA

County Los Angeles

Zoning LAC2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet

Fireplace No

Laundry Common Area

Exterior

Utilities Available Other Water/Sewer

View Y/N true

View City Lights

Building

Water Other

New Construction No

Others

Tax ID 5136015012


Bridge MLS
Listed by Randy A. Wright • Christie's International Real Estate SoCal
agent

Sandra Lucas

Broker Associate | License ID: 01496944

+1(925) 464-8400

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1050 S Park View Street