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Key Details
Sold Price $5,020,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,976 sqft
Price per Sqft $386
MLS Listing ID 24365621
Sold Date 10/09/24
Bedrooms 16
HOA Y/N No
Year Built 1989
Lot Size 7,418 Sqft
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 C19 - Beverly Center-Miracle Mile
Zoning LAR3
Rooms
Ensuite Laundry Inside
Interior
Interior Features Ceiling Fan(s)
Laundry Location Inside
Heating Central
Flooring Carpet, Wood
Fireplace No
Appliance Disposal, Gas Range, Oven, Dryer
Laundry Inside
Exterior
Garage Assigned
Garage Spaces 14.0
Garage Description 14.0
Pool None
Roof Type Common Roof
Parking Type Assigned
Total Parking Spaces 14
Private Pool No
Building
Faces East
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5512019020
Security Features Fire Detection System,Smoke Detector(s)
Special Listing Condition Standard
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Bought with Robert Leveen • Robert Leveen
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