1438 W 25th Street,Los Angeles, CA 90007
Los Angeles, CA 90007
Description
Truly the opportunity of a lifetime! This 13,503 sq ft property, 1438 - 1444 W 25th St, is zoned R4 with three current structures and is in an HPOZ (Historic Preservation Overlay Zone. Built in 1922, there are five 2 bedroom / 1 bathroom units, four of which are currently occupied. Additional conveniences include 9 parking spots and a shed for 2 units. The property is subject to Los Angeles Rent Stabilization Ordinance, with rents currently totaling $4,458.48, and the seller would prefer to transfer the property occupied. Current units range in rents from $967.20 to $1,263.60 per month, with the recommended market value of the vacant fifth unit being $1,750 - $1,900. Located near USC, this property is both income generating and developable. The current buildings are in need of extensive repairs - inquire for more detailed information. Broker and Brokers Representatives are not responsible for accuracy of any information. Buyer to do own investigation including but not limited to zoning information, building requirements, condition of property etc.
Details
| MLS# | 24461667 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1922 |
| Days On Site | 167 |
| Listing Provided By | Wexler Corporation 818-416-4889 | Cynthia Wexler |
Features
| SQ Feet | 4,310 |
|---|---|
| Units | 5 |
| Building(s) | 3 |
| Zoning | LAR4 |
| Acreage | 0.31 |
Market Activity 90007
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90007) | |
Price: $1,150,000 low | high Med: $1,199,999 SqFt: 4,310 low | high Med: 1,746 $ / SqFt: $267 low | high Med: $687 On site: 167 low | high Med: 50 | |