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    231 S Alexandria Ave

    Los Angeles, CA 90004
    • $1,825,000
    • STATUS: Active
    • ON SITE: 383 days
    • ID#: 19-472278
    UPDATED: 25 min ago
    $1,825,000
    • 6
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,243
      SQFT
    • $430
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:
    Area:

    School Ratings & Info

    Description

    We are proud to present this development opportunity in a good location in Korea town. The three unit building is located east of Normandie Avenue and north of 3rd Street. The 7,260 square foot LAR4 zoned lot is entitled for 25 apartment units, 3 being dedicated to affordable housing. That breaks down to $74,000 per build-able unit. A new Buyer may be able to obtain favorable financing options.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-07T19:44:04.33. 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.randyplaice.com/homes/96065574
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    231 S Alexandria Ave Los Angeles, CA 90004

    • Price: $1,825,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 19-472278
    6
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,243
    SQFT
    $430
    $/SQFT
    1924
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    We are proud to present this development opportunity in a good location in Korea town. The three unit building is located east of Normandie Avenue and north of 3rd Street. The 7,260 square foot LAR4 zoned lot is entitled for 25 apartment units, 3 being dedicated to affordable housing. That breaks down to $74,000 per build-able unit. A new Buyer may be able to obtain favorable financing options.
    Exterior Features

    Lot Size Area 7261 Other Structures None Parking Garage Assigned Pool YN No Tennis YN No Total Parking 3

    Interior Features

    Baths Total 5.00 Cooling Wall Unit(S) Den No Dining Room No Equipment Range/Oven Family Room No Heating Central

    Property Features

    Gross Income 0 Gross Operating Income 78104 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 3 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units Apartment Zoning Lar4

    Listing provided courtesy of David Kaufman DRE#01217537 of David Ballin Kaufman.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-07T19:44:04.33. 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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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355