1050 S Park View Street Los Angeles, CA ^$ 3,700,000

1050 S Park View Street

^$ 3,700,000

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Recently Listed

1050 S Park View Street

Los Angeles, CA, 90006

^$ 3,700,000

Bedrooms21 Baths20.0 Sq 10,948

Monthly Estimate*

^$ 25,846

Listed by Kidder Mathews of California, Inc.

1050 S Park View Street, Los Angeles, CA 90006 - Image 1

1050 S Park View Street, Los Angeles, CA 90006 - Image 2

1050 S Park View Street, Los Angeles, CA 90006 - Image 3

1050 S Park View Street, Los Angeles, CA 90006 - Image 4

Multi-Family Home for sale in Los Angeles, CA

for $3,700,000 with 21 bedrooms and 20 full baths. This 10,948 square foot home was built in 1923 on a lot size of 0.1444.

The Park View 21 consists of 3 street level commercial units + 18 residential studios. Delivered with 3 VACANT residential units, the property provides an owner the opportunity to add immediate value through a renovation and lease-up process. Situated on the Northeast corner of Park View St and 11th St, this building is strategically located in the rapidly changing Pico Union submarket adjacent to Downtown LA. This pocket has become increasingly sought after by tenants for its proximity to Downtown LA, Koreatown, and the high-density composition of the neighborhood. Seller is open to discussing Seller financing scenarios. Contact the listing team for additional information.

Multi-Family Active

Price

^$ 3,700,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1444

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24380519

Days on Market

Features

General

Heating WallFurnace

Zoning LAC2

Year Built 1923

Stories 2

Levels Two

Gross Income 314016.0

County Los Angeles

Net Operating Income 192690.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions 1050 S Park View St Los Angeles CA 90006

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 21

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 6289.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Park View

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Cap Rate 5.21

Exterior

Parking Features None

Total Parking 0.0

Lot Size Area 6289.0

Number of Buildings 1

Spa N

Building Area Total 10948.0

Lot Size Acres 0.1444

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Electric On Property Y/N N

Total Baths 20

Internal Only

Street Number 1 1050

* Excluded Features

List By

Kidder Mathews Of California, Inc.

Broker

(310) 310-5508

Phone

Affordability Calculator

$25,846

Per Month

Monthly Principal & Interest: $25,846
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,002,074

Percent of Sale Price 46%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2024	$3,700,000		Listed Price

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1050 S Park View Street, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $3,700,000 with 10,948 sqft and a lot size of 0.1444. 1050 S Park View Street has 21 bedrooms, 20.0 baths, and was built in 1923. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1050 S Park View Street

Multi-Family Home for sale in Los Angeles, CA

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