107 S Sweetzer Avenue

    Los Angeles (City), CA 90048
    • $25,900,000
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: 18401264
    UPDATED: 53 min ago
    $25,900,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 55,295
      SQFT
    • $468
      $/SQFT
    Type:
    Multi-Family
    Built:
    2008
    County:

    School Ratings & Info

    Description

    Luxury non-rent control property in a Prime Los Angeles location adjacent to Beverly Hills and West Hollywood a few blocks East of The Beverly Center. The property consists of 29-3 BR + 2.5 baths & 1-1 BR + 1 bath non-conforming unit. The property was built in 2008 and the total building size = 55,295 sq.ft. Large, spacious units that average 1,680 sq.ft. each. Washers and dryers included in each unit. The property is well-maintained and there is upside in the current rents. Final tract map recorded but needs to be updated. Potential to build additional 7 units plus rec. room where the courtyard is currently located. Rare opportunity to own a trophy asset with significant upside in one of the most prime locations in all of Los Angeles.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T20:39:09.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88906805

    107 S Sweetzer Avenue Los Angeles (City), CA 90048

    • Price: $25,900,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: 18401264
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    55,295
    SQFT
    $468
    $/SQFT
    2008
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    Luxury non-rent control property in a Prime Los Angeles location adjacent to Beverly Hills and West Hollywood a few blocks East of The Beverly Center. The property consists of 29-3 BR + 2.5 baths & 1-1 BR + 1 bath non-conforming unit. The property was built in 2008 and the total building size = 55,295 sq.ft. Large, spacious units that average 1,680 sq.ft. each. Washers and dryers included in each unit. The property is well-maintained and there is upside in the current rents. Final tract map recorded but needs to be updated. Potential to build additional 7 units plus rec. room where the courtyard is currently located. Rare opportunity to own a trophy asset with significant upside in one of the most prime locations in all of Los Angeles.
    Exterior Features

    Architectural Style Contemporary Lot Size Source Assessor Lot Size Units Square Feet Parking Features Subterranean Parking YN Yes

    Interior Features

    Appliances Garbage DisposalRefrigeratorDishwasher Appliances YN Yes Cooling Central Cooling YN Yes Interior Features Elevator Laundry Features Washer IncludedDryer Included

    Property Features

    Gross Multiplier 17.00 Gross Operating Income 1523339.00 Improvements Amount 16085081 Land Value 6617800 Laundry YN Yes Net Operating Income 1005289.00 Special Listing Conditions Standard Total Expenses 472350.00 Zoning Lar3

    Listing provided courtesy of Errol Spiro of Miller & Desatnik Realty Co..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T20:39:09.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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