116 S AVENUE 64 Los Angeles, CA, 90042
$ 2,588,000Bedrooms Baths0.0
for $2,588,000. This home was built in 1900 on a lot size of 0.2758 Acre(s).
INCREDIBLE $100, 000 PRICE REDUCTION! GREAT INVESTMENT OPPORTUNITY FOR A MIXED USE OWNER OCCUPY W/ UPSIDE. This exquisite Victorian trophy property has been meticulously restored & redesigned by acclaimed interior designer Joshua Cain. Located in the Highland Park HPOZ, home to a number of LA's hippest retail tenants. There are 2 lots that are tied together for over 12, 000 sq. ft. of space w/ plenty of room to construct a 2nd building with 4-5 more units.There are currently 5 total units w/ the ground flr front unit being a light & bright commercial space well suited for retail or office space. Ideal for owner/occup use by an attorney, artist, retail shop, architect, or a variety of other businesses. There are 3 luxury rental units w/exquisite interior finishes; these units include washer/dryers, dishwashers. There is one rent-controlled tenant in the unrestored 5th unit. Abundant parking w/ 12 ground spaces & 4 garage spaces. W/ a CAP rate of 6.85%, this is a deal not to be missed!
Cooling System Central Air Other
Exterior* Excluded Features
Garage 4 Car
Parking Parking Parking Space
List By Keller Williams Larchmont
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% 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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Single family listings in Los Angeles, CA
Average List Price $2,628,297
Percent of Sale Price 2 %
About Los Angeles, CA
6 % Since 2002
$ 52,600 Median Income
35.79 Median Age
29 % Households with Children
|11/16/2018||$2,588,000|| -3.72 %|| Price Down|
|10/30/2018||$2,688,000|| ||Listed Price|