1351 N Alta Vista BLVD Active

Los Angeles,CA 90046

$ 3995000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24460445

HOA Y/N No

Year Built 1939

Lot Size 9,683 Sqft

Property Description

We are pleased to present this exclusive investment offering of a 6-unit apartment building with redevelopment potential located in prime Hollywood. The subject property is located at 1351 North Alta Vista Boulevard, Los Angeles, CA 90046 ("Property"). It offers investors and developers a rare opportunity to acquire an existing, character apartment building on a large lot. The Property consists of one structure with a total of 6,296 square feet of rentable space on a single lot with 9,681 square feet of land zoned LAR3. Originally constructed as six apartment buildings and featuring attractive period architecture, the current rents are well-below market due to Los Angeles rent control restrictions. This presents "value-add" potential for an investor or a developer to consider new apartments or condominiums.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Building/Complex Name none

Zoning LAR3

Interior

Heating Combination,Natural Gas

Fireplace No

Laundry In Kitchen,See Remarks

Exterior

Community Features Gated

Utilities Available Cable Available,Electricity Available,Natural Gas Available

Roof Type Asphalt,Flat

Total Parking Spaces 6

Building

Lot Description Back Yard,Garden

Story 2

Water Public

Others

Tax ID 5548020040

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s),Window Bars

Special Listing Condition Standard

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