135 N Commonwealth Avenue

    Los Angeles (City), CA 90004
    • $1,400,000
    • STATUS: Active
    • ON SITE: 58 days
    • ID#: 19513144
    UPDATED: 62 min ago
    $1,400,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Property is located in a Prime East Hollywood Pocket. Build up to 16 units using TOC Tier 3 Bonus of 70%. (applicable on this lot). Currently the property is collecting $8,000+ - through AirBnB. Nicer, Shinier units are renting in the area from $3-3.75 a sqft. Surrounded by new development. 9 Units by Right: 155K Per Door.13 Units w/SB1818 (35%) Bonus: $107K Per Door.16 Units w/ TOC (70%) Bonus: $87K Per Door.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-21T00:31:05.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/99251143

    135 N Commonwealth Avenue Los Angeles (City), CA 90004

    • Price: $1,400,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 19513144
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Property is located in a Prime East Hollywood Pocket. Build up to 16 units using TOC Tier 3 Bonus of 70%. (applicable on this lot). Currently the property is collecting $8,000+ - through AirBnB. Nicer, Shinier units are renting in the area from $3-3.75 a sqft. Surrounded by new development. 9 Units by Right: 155K Per Door.13 Units w/SB1818 (35%) Bonus: $107K Per Door.16 Units w/ TOC (70%) Bonus: $87K Per Door.
    Exterior Features

    Lot Size Units Square Feet View City Lights View YN Yes

    Property Features

    Association Fee 0.00 Special Listing Conditions Standard Zoning Lar4

    Listing provided courtesy of Edgar Aslanyan of Berkshire Hathaway Homeservice


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-21T00:31:05.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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