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$2,400,000
Est. payment /mo
UPDATED:
10/16/2024 09:53 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID P1-19133
HOA Y/N No
Year Built 1958
Property Description
Situated on a sprawling 23,569 square foot lot, this 24-unit multifamily property in the coveted West Adams Heights subdivision represents a prime investment opportunity. Built in 1958, the 20,876 square foot mid-century building is zoned LARD2, allowing for potential future development or renovations. This property offers a unique chance to invest in the historic West Adams neighborhood, known for its rich history and vibrant community.Offered under a bankruptcy sale, this property presents a rare chance to acquire a significant asset in a high-demand area. Buyers should be aware that the property is subject to various covenants and restrictions that may impact tenant selection, income, and rent levels. Prospective buyers are strongly encouraged to independently verify all information, including square footage and zoning regulations.Don't miss out on this exceptional opportunity to invest in one of Los Angeles' most storied neighborhoods.
Location
State CA
County Other
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Fireplace No
Building
Lot Description Sprinklers None
Dwelling Type Multi Family
Story 2
Water Public
Others
Tax ID 5058018003
Special Listing Condition Bankruptcy Property
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Listed by Brian Parsons • Keller Williams Realty
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