REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Eduard Khachatryan • Luxury Homes International
$ 3,599,999
Est. payment /mo
Active
210 South Commonwealth Avenue Los Angeles, CA 90004
10,884 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 10,884 sqft
Price per Sqft $330
MLS Listing ID GD-25134242
Year Built 1980
Lot Size 7,488 Sqft
Property Sub-Type Commercial/Residential
Property Description
Global Equity Partners and Eduard Khachatryan proudly bring you the one of the rarest and unique apartment buildings available for sale. 210 S Commonwealth Ave is a multi-family property located in the Koreatown neighborhood of Los Angeles, CA. It is specifically an apartment building with 14 units. The property was built in 1980 and has a total structure area of 10,884 sq ft. The lot size is 7,488 sq ft. 10 x 2 Bedroom 1 Bathroom Units with average size of 900 sq ft, 4 X 1 Bedroom Bathroom Units with average size of 700 sq ft. It features 24 bedrooms and 14 bathrooms. The building has 2 stories and has been properly maintained and cared for as needed always. Property has 20 total spaces, including a garage, balconies and laundry facilities for more convenience to tenants and additional income for the owner. 80% of lease agreements are on month to month, rents below market with huge upside potential. Current Monthly Gross Income $ 25,400, $304,800 Annual. Pro Forma Monthly Rent Income $33,800: $405,600 Annual 2 of the units (2 Bedrooms, 1 Bathroom and 1 Bedroom 1 Bath) may be delivered vacant. More details available upon request.
Location
State CA
County Los Angeles
Area Krea - Koreatown (L)
Zoning LAR3
Interior
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 20.0
Pool None
Community Features Curbs, Sidewalks
Utilities Available Sewer Connected, Cable Connected, Electricity Connected, Natural Gas Connected
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944