1050 S PARK VIEW STREET, LOS ANGELES CA 90006

  • 10,948 sq.ft.
  • 6,289 sq.ft. lot
offered at $3,500,000
MLS#:25520527
Status: Active // Property Type:
County: Los Angeles // Year Built: 1923

Property Description

Beautiful Building you can be proud of and very well maintained & remodeled rental property with 21 creative Studio units in very close proximity to many shops and restaurants in the rapidly changing Pico Union area just West of Downtown LA! 99% of the units have been beautifully remodeled and the entire building is light, bright with a creative energy about it. 2 units will be delivered VACANT at close of escrow. New carpeting installed in all hallways and also has newer roof. This area has been increasingly sought after by tenants for close proximity to Korea Town, Downtown LA and mass transit. Seller financing is a possibility. This is a great investment building with BIG upside potential and returns! Market rents for each of the 2 vacant residential units is $1,900 Max. Building Unit Breakdown: 18 Residential and 3 Commercial Retail (ALL REGULAR LEASES - NO Triple Net Leases!).

Listing Courtesy of Randy A. Wright, Christie's International Real Estate SoCal

Interior Features

Interior Features: High Ceilings // Heating: Wall Furnace
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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