243 S Park View Street

    Los Angeles (City), CA 90057
    • $1,300,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 18398936
    UPDATED: 57 min ago
    $1,300,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,376
      SQFT
    • $204
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Great opportunity for developer, owner/user, or turn-key situation for standard investor. This fully-occupied Mid-Century 6 unit building consists of 5 two bedroom 1 bath units and 1 rare three bedroom 2 bath unit. Gated parking, with 2 of the spaces garaged. Upside potential in rents in a rapidly changing neighborhood close to Silver Lake, Downtown, shopping and transportation. Developers: Property is in a Transit Priority Area, with potential for TOC bonus density allowance. Buyers to investigate TOC guidelines. All tenants are month-to-month, as is the management company. Drive-by only. Interior shown with accepted offer. Please do not disturb tenants.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T23:28:55.467. 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/88817150

    243 S Park View Street Los Angeles (City), CA 90057

    • Price: $1,300,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: 18398936
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    6,376
    SQFT
    $204
    $/SQFT
    1960
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Great opportunity for developer, owner/user, or turn-key situation for standard investor. This fully-occupied Mid-Century 6 unit building consists of 5 two bedroom 1 bath units and 1 rare three bedroom 2 bath unit. Gated parking, with 2 of the spaces garaged. Upside potential in rents in a rapidly changing neighborhood close to Silver Lake, Downtown, shopping and transportation. Developers: Property is in a Transit Priority Area, with potential for TOC bonus density allowance. Buyers to investigate TOC guidelines. All tenants are month-to-month, as is the management company. Drive-by only. Interior shown with accepted offer. Please do not disturb tenants.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedOther Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Laundry Features Community

    Property Features

    Gross Multiplier 15.50 Gross Operating Income 83400.00 Improvements Amount 241844 Land Lease YN No Land Value 197293 Laundry YN Yes Net Operating Income 57491.00 Security Features Gated Community Special Listing Conditions Standard Total Expenses 25909.00 Zoning Lar3

    Listing provided courtesy of Jan Hohenstein of Keller Williams Larchmont.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T23:28:55.467. 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.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604