$5,020,000
$5,475,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
17 Baths
12,976 SqFt
SOLD DATE : 10/09/2024
Key Details
Sold Price $5,020,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,976 sqft
Price per Sqft $386
MLS Listing ID 24-365621
Sold Date 10/09/24
Bedrooms 16
Year Built 1989
Lot Size 7,419 Sqft
Acres 0.1703
Property Description
Price Reduction!!! Manhattan Living in Los Angeles!! A once in a life time opportunity to acquire a four story building with a top 2 story Penthouse over 4000 sq ft with 360 Ariel views of all of Los Angeles. The Penthouse will be delivered vacant. Built in 1989, this apartment complex features six 2 bedroom 2 bathroom units, all with washer and dryer units. Units are not subject to Los Angeles rent control and 5 out 6 units are due for immediate increases. Located in the desirable Miracle Mile /Hancock Park rental market area Near the Grove, Pan Pacific Park, Beverly Center, Cedar Sinai and Melrose shopping. Underground parking ample for 2 cars per unit. Being sold by original developer. There is no Property like this one. Shown with accepted offer only. Please do not disturb tenants.
Location
State CA
County Los Angeles
Area Beverly Center-Miracle Mile
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Central
Cooling Air Conditioning
Flooring Hardwood, Carpet
Equipment Built-Ins, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Intercom, Dryer, Ceiling Fan, Garbage Disposal, Elevator
Laundry In Unit, Inside
Exterior
Garage Assigned
Garage Spaces 14.0
Pool None
Roof Type Common Roof
Building
Story 3
Level or Stories Three Or More
Others
Special Listing Condition Standard
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Bought with Robert Leveen
