$3,250,000
$3,130,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
18 Beds
16 Baths
11,208 SqFt
SOLD DATE : 01/15/2025
Key Details
Sold Price $3,250,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 11,208 sqft
Price per Sqft $289
MLS Listing ID 24463889
Sold Date 01/15/25
Bedrooms 18
HOA Y/N No
Year Built 1954
Lot Size 0.298 Acres
Property Description
9.99 GRM . 6.53 CAP (Estimated) on existing income . Nestled in the desirable Wilshire Park neighborhood , this well-located multi-unit property offers an exceptional opportunity for investors. Positioned within walking distance of Hancock Park and Koreatown , with the upscale Miracle Mile neighborhood just a short drive to the west, the location provides excellent access to some of Los Angeles' most vibrant areas.The property has undergone substantial upgrades, including full copper plumbing and new vinyl windows. Walking distance to Metro. Huge double lot. OFFERS ARE DUE BY MONDAY NOVEMBER 25 AT 12PM. ALL OFFERS SHOULD INCLUDE PROOF OF FUNDS AND PREAPPROVAL LETTER .
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Detached Carport
Attached Garage No
Total Parking Spaces 13
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5092001031
Special Listing Condition Standard
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Bought with Maria Samouha • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "