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$ 3,590,000
Est. payment /mo
Active
210 S Commonwealth AVE Los Angeles, CA 90004
24 Beds
14 Baths
10,884 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 10,884 sqft
Price per Sqft $329
MLS Listing ID 26655689
Bedrooms 24
HOA Y/N No
Year Built 1980
Lot Size 7,487 Sqft
Property Description
210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood, Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Assigned, Gated
Total Parking Spaces 20
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5501019025
Special Listing Condition Standard
Listed by Ki Seon Im Ivy Realty Co. #01860439
NEARBY SCHOOLS & PROPERTIES
Lisa Bethel
Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® | License ID: 02046953