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    1356 S Westlake Ave

    Los Angeles, CA 90006
    • $1,399,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: 21-752980
    $1,399,000
    • 7
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,136
      SQFT
    • $228
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1904
    County:

    School Ratings & Info

    Description

    KoreaTown/Pico-Union Area! 7 Large Single Units and 1 Non-Conforming 3 bedroom and 1 Bath Unit covering the entire top floor. Perfect for a developer looking for a 7,500 Sq Ft lot zoned R1.5 in KoreaTown/Pico-Union. The property has a great walk in lobby area with original hardwood floors and tons of charm. There are plenty of storage areas and a full basement which can possibly be converted to a laundry room. There is a large gated parking lot in the rear of the building with 9 parking spaces. There is plenty of room to increase rents and add value to the property. The property is separately metered for Gas & Electric. It is extremely centrally located and within walking distance to restaurants, the metro, major streets and downtown Los Angeles.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-23T23:42:45.767. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/118687305
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    1356 S Westlake Ave Los Angeles, CA 90006

    • Price: $1,399,000
    • Status: Active
    • ID#: 21-752980
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,136
    SQFT
    $228
    $/SQFT
    1904
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    KoreaTown/Pico-Union Area! 7 Large Single Units and 1 Non-Conforming 3 bedroom and 1 Bath Unit covering the entire top floor. Perfect for a developer looking for a 7,500 Sq Ft lot zoned R1.5 in KoreaTown/Pico-Union. The property has a great walk in lobby area with original hardwood floors and tons of charm. There are plenty of storage areas and a full basement which can possibly be converted to a laundry room. There is a large gated parking lot in the rear of the building with 9 parking spaces. There is plenty of room to increase rents and add value to the property. The property is separately metered for Gas & Electric. It is extremely centrally located and within walking distance to restaurants, the metro, major streets and downtown Los Angeles.
    Exterior Features

    Lot Size Area 7500 Other Structures None Parking Garage GatedOtherUncovered Style Victorian Total Parking 9

    Interior Features

    Baths Total 7.00 Cooling Other Equipment Range/Oven Heating Other

    Property Features

    Assessed Total Value 880932 Gross Income 61464 Gross Operating Income 61464 Like Units1 7 Like Units2 1 Net Operating Income 44246.00 Number Of Buildings 1 Number Of Units 8 Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 20400 Type Of Units Residential Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Gil Corber DRE#01899632 of Propnation, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-23T23:42:45.767. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583