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Beautiful, Prideful and very well maintained & remodeled rental property with 21 Studio units in close very proximity to many shops and restaurants in the rapidly changing Pico Union area just West of Downtown LA! Nearly all units have been wonderfully remodeled and the entire building is light, bright with a creative energy about it. Will be delivered with 3 vacant units!!! New carpeting being installed in all hallways and also has newer roof. This area has been increasingly sought after by tenants for close proximity to Korea Town and Downtown LA. Seller financing is a possibility. This is a great investment building with strong upside potential and returns! Rents have not been increased for awhile, so new buyer can! Market rents for each of the 3 vacant units is $1,900 maximum.
Property Type(s):
Residential Income
| Last Updated | 4/3/2025 | Year Built | 1923 |
|---|---|---|---|
| Community | Downtown L.A. | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven, Refrigerator |
| AREA | Downtown L.A. |
| CONSTRUCTION | Brick |
| GARAGE | None |
| HEAT | Wall Furnace |
| INTERIOR | High Ceilings |
| LOT | 6289 sq ft |
| PARKING | None |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STORIES | 2 |
| STYLE | Spanish |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| ZONING | LAC2 |
Location
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Listed with Christie's International Real Estate SoCal
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