2649 San Marino Street

    Los Angeles (City), CA 90006
    • $3,050,000
    • STATUS: Active Under Contract
    • ON SITE: 117 days
    • ID#: 19472282
    Under Contract
    UPDATED: 40 min ago
    $3,050,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,018
      SQFT
    • $759
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:

    School Ratings & Info

    Description

    We are proud to present this re-positioning opportunity in Korea town. The site which is located west of Hoover and north of Olympic Blvd consists of two adjacent four unit buildings. Two of the units will be delivered vacant. A new Buyer may be able to obtain favorable financing options. The 13,500 square foot LAR4 zoned site is entitled for 46 units, 8 being dedicated to affordable housing. That breaks down to $66,304 per build-able unit and $225 square foot on land.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T23:32:26.113. 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/96070327

    2649 San Marino Street Los Angeles (City), CA 90006

    • Price: $3,050,000
    • Status: Active Under Contract
    • Updated: 40 min ago
    • ID#: 19472282
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,018
    SQFT
    $759
    $/SQFT
    1913
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    We are proud to present this re-positioning opportunity in Korea town. The site which is located west of Hoover and north of Olympic Blvd consists of two adjacent four unit buildings. Two of the units will be delivered vacant. A new Buyer may be able to obtain favorable financing options. The 13,500 square foot LAR4 zoned site is entitled for 46 units, 8 being dedicated to affordable housing. That breaks down to $66,304 per build-able unit and $225 square foot on land.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 130404.00 Improvements Amount 229500 Land Value 816000 Net Operating Income 0.00 Special Listing Conditions Standard Total Expenses 0.00 Zoning Lar4

    Listing provided courtesy of David Kaufman of David Ballin Kaufman


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T23:32:26.113. 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.
     
    J1 REALTY GROUP
    16755 Von Karman Ave, Ste 200
    Irvine CA, 92606