2974 San Marino Street

    Los Angeles (City), CA 90006
    • $1,375,000
    • STATUS: Active
    • ON SITE: 116 days
    • ID#: 19472264
    UPDATED: 27 min ago
    $1,375,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,672
      SQFT
    • $374
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    We are proud to present this value add opportunity in Koreatown. The building sits on a 5,906 square foot LAR4 zoned lot. The sale will include two vacant units. All of the four units are one bedroom/one bathroom. The site is located west of Vermont Avenue and north of Olympic Blvd. Entitlements have been approved for 21 units featuring 4 affordable units. The price per build-able unit is $65,476. A new Buyer may be able to obtain favorable financing options.

    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/96070334

    2974 San Marino Street Los Angeles (City), CA 90006

    • Price: $1,375,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: 19472264
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,672
    SQFT
    $374
    $/SQFT
    1922
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    We are proud to present this value add opportunity in Koreatown. The building sits on a 5,906 square foot LAR4 zoned lot. The sale will include two vacant units. All of the four units are one bedroom/one bathroom. The site is located west of Vermont Avenue and north of Olympic Blvd. Entitlements have been approved for 21 units featuring 4 affordable units. The price per build-able unit is $65,476. A new Buyer may be able to obtain favorable financing options.
    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 67372.00 Improvements Amount 249900 Land Value 612000 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