1438 W 25th St Active

Los Angeles,CA 90007

$ 1250000

6 Beds

5 Baths

4310 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,310 sqft

Price per Sqft $290

MLS Listing ID 24-461667

Bedrooms 6

Year Built 1922

Lot Size 0.309 Acres

Acres 0.3091

Property Description

Truly the opportunity of a lifetime! This 13,503 sq ft property 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.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR4

Exterior

Garage Spaces 9.0

Others

Special Listing Condition Standard

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