1416 W 10th Place Active

Los Angeles,CA 90015

$ 1995000

- Bed

0 Bath

8532 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,532 sqft

Price per Sqft $233

MLS Listing ID CL25501493

HOA Y/N No

Year Built 1925

Lot Size 5,530 Sqft

Acres 0.13

Property Sub-Type Other

Property Description

THE SUBJECT PROPERTY IS BEING SOLD ALONG WITH THE ADJACENT PROPERTIES, 1422-1426 WEST 10TH PLACE. WHILE THE PROPERTIES MAY BE PURCHASED INDIVIDUALLY OR TOGETHER, A COMBINED SALE IS STRONGLY PREFERRED. We are pleased to offer for sale a 20-unit apartment community located at 1416 West 10th Place. The subject property is located west of the 110 Freeway and south of Olympic Boulevard. The subject property is comprised of all studio units and has 40% remaining rental upside through unit renovations. 1416 West 10th Place presents investors the opportunity to acquire an asset with an attractive basis, and strong value-add component. New ownership will have the opportunity to capitalize on the westward expansion and revitalization of the Downtown sub-market. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Location

State CA

County Los Angeles

Zoning LAR4

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5137013014

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