CA > Los Angeles
Los Angeles, CA 90006,1050 S Park View ST
Los Angeles, CA 90006,1050 S Park View ST
Los Angeles, CA 90006,1050 S Park View ST
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$3,500,000
Est. payment /mo
20 Beds
20 Baths
10,948 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,948 sqft

Price per Sqft $319

MLS Listing ID 25520527

Bedrooms 20

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1923

Lot Size 6,290 Sqft

Property Description

Beautiful, Prideful 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! Nearly all units have been beautifully remodeled and the entire building is light, bright with a creative energy about it. 3 units will be delivered VACANT at close of escrow. New carpeting being 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 3 vacant residential units is $1,900 Max. Building Unit Breakdown: 18 Residential and 3 Commercial Retail (ALL REGULAR LEASES - NO Triple Net Leases!).

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAC2

Interior

Interior Features High Ceilings

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Refrigerator

Laundry Common Area

Exterior

Parking Features None

Pool None

View Y/N Yes

View City Lights

Porch None

Private Pool No

Building

Story 2

Entry Level Two

Sewer Other

Architectural Style Spanish

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5136015012

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Randy A. Wright • Christie's International Real Estate SoCal
agent-avatar

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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