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Key Details
Sold Price $1,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 19487788
Sold Date 02/15/22
Construction Status Fixer
HOA Y/N No
Year Built 1903
Lot Size 0.465 Acres
Property Description
Located in OPPORTUNITY ZONE! 4 units is the heart of Pico-Union ON 5,500 SF LOT ZONED RD1.5 and neighboring lot of appx 14,686 SF zoned LAC2. Huge upside in rents. Separate meters for gas and electric. Close to DTLA and freeways. Interior shown with accepted offer. Property is part of HPOZ, but property is classified as a Non-Contributor, an application to demolish the building could be submitted in conjunction with an application to redevelop the property in compliance with the guidelines in the Pico-Union HPOZ Preservation Plan. 14,500 SF C2/RD1.5 lot in rear of property, 1803 Toberman, also available for sale by same seller (MLS#19-487798)
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Uncovered
Total Parking Spaces 4
Building
Faces East
Story 2
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 5135026015
Special Listing Condition Standard
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Bought with Shawn S. Kormondy • Keller Williams Beverly Hills