Listing ID21109965
Sold For$2,400,000
Price/SqFt$517.18
StatusClosed
Sold Date2/14/2022
SqFt
5,211
Acres
0.161
CountyLos Angeles
Year Built1930
Property TypeResidential Income
A great opportunity to acquire an 8 Unit building in a prime location . . . in close proximity Cedars Sinai and the Beverly Center. The 5,211 square foot building, built in 1930, consists of 8 Units...each with 1 bedroom and 1 bathroom. Some of the Units have been updated/remodeled. The current rents are below market value and offer huge upside in an area of high appreciation. The building is situated on a 7,009 square foot lot (50 X 141) with alley access, creating an ideal situation for developers. The usable number of garages is not known. Viewings only with accepted offer. Buyer to verify all information.
County
Los Angeles
Price/SqFt
517.18
Property Type
Residential Income
Year Built
1930
Zoning
LAR3
Appliances
yes
Appliances
Refrigerator
Laundry
yes
Laundry Features
Washer Included, Dryer Included
Lot Size Area
7009
Lot Size Square Feet
7009
Number Of Buildings
1
Parking
yes
Country
US
MLS Area Major
C19 - Beverly Center-Miracle Mile
Days On Market
61
List Agent State License
01153015
Lot Size Units
Square Feet
New Construction
no
Number Of Units Total
8
Parcel Number
5511032008
Senior Community
no
Gross Multiplier
17.39
Gross Operating Income
155000
Net Operating Income
94000
Special Listing Conditions
Standard
Total Expenses
61000
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Geller Property Advisors Inc. or one of their associates. Last updated Thursday, March 28th, 2024.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Contact - Listing ID 21109965
Steve Geller
301 North Canon Drive
Beverly Hills, CA 90210
Phone: 310-922 2141
Phone Alt: 310-777 6237
Fax: 310-777 6298
Data services provided by IDX Broker