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    2974 San Marino St

    Los Angeles, CA 90006
    • $1,325,000
    • STATUS: Active
    • ON SITE: 494 days
    • ID#: 19-472264
    UPDATED: 225 min ago
    $1,325,000
    • 4
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,672
      SQFT
    • $361
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:
    Area:

    School Ratings & Info

    Description

    We are proud to present this value add opportunity in Koreatown. The building sits on a 5,906 square foot LAR4 zoned lot. The sale will include two vacant units. All of the four units are one bedroom/one bathroom. The site is located west of Vermont Avenue and north of Olympic Blvd. Entitlements have been approved for 21 units featuring 4 affordable units. The price per build-able unit is $65,476. 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 2020-10-25T23:42:21.757. 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/96065579
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    2974 San Marino St Los Angeles, CA 90006

    • Price: $1,325,000
    • Status: Active
    • Updated: 225 min ago
    • ID#: 19-472264
    4
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,672
    SQFT
    $361
    $/SQFT
    1922
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    We are proud to present this value add opportunity in Koreatown. The building sits on a 5,906 square foot LAR4 zoned lot. The sale will include two vacant units. All of the four units are one bedroom/one bathroom. The site is located west of Vermont Avenue and north of Olympic Blvd. Entitlements have been approved for 21 units featuring 4 affordable units. The price per build-able unit is $65,476. A new Buyer may be able to obtain favorable financing options.
    Exterior Features

    Lot Size Area 5906 Other Structures None Parking Garage Assigned Total Parking 4

    Interior Features

    Baths Total 4.00 Cooling Wall Unit(S) Equipment Refrigerator Heating Central

    Property Features

    Gross Income 0 Gross Operating Income 67372 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units Apartment Year Built Source Assessor 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 2020-10-25T23:42:21.757. 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 Gateway
    27720 Dickason Drive
    Valencia CA, 91355