$2,060,000
$2,295,000
10.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
6,344 SqFt
SOLD DATE : 05/01/2025
Key Details
Sold Price $2,060,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,344 sqft
Price per Sqft $324
MLS Listing ID 25490063
Sold Date 05/01/25
Bedrooms 8
HOA Y/N No
Year Built 1939
Lot Size 7,801 Sqft
Property Description
Great Opportunity to acquire an 8 unit Multi-Family building in the Miracle Mile area of Los Angles. Comprised of Large aprox 800 sq ft Units with a lot of the original architectural characteristics of the 1930s, including tile, Moldings and flooring. Each unit is separately metered for gas and electric. 8 covered garage spots in the back parking lot. Aprox 50% upside potential from current rents. 5 out of the 8 units are due for immediate Increases. First time on the market in 20 years. Priced to Sell. No showings without accepted offer.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR4
Interior
Heating Wall Furnace
Fireplace No
Laundry None
Exterior
Parking Features Covered
Community Features Gated
Total Parking Spaces 8
Building
Faces East
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5508011011
Security Features Gated Community,Key Card Entry
Special Listing Condition Standard
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Bought with Joshua Tomaszewski • JRM Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "