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141 S Avenue 57

Los Angeles, CA 90042
  • $1,997,000
  • STATUS: Active
  • ON SITE: 214 Days
  • ID#: SR21057922
UPDATED: 47 min ago
$1,997,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,790
    SQFT
  • $417
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1933
County:

School Ratings & Info

Description

Amazing opportunity in Highland Park! Great land with a total of five units, zoning for LARD2 in a HPOZ zoned for endless possibilities. Currently, configured as Three (3) separate structures with Five (5) units that are currently tenants occupied a total of 14 bedrooms and 7.5 bathrooms. Potential to build 4 more units, new subdivision with existing structures on this one parcel and many opportunities to renovate this LARD2 HPOZ zoned property. A great source of income potential to build 4 more units as the lot size is 17,424. Los Angeles Historic Cultural Monument off Figueroa street in the heart of Highland Park, close proximity to Highland Park Bowl, Highland Park Theater, Pop Physique, and The Greyhound Bar & Grill. Offer subject to interior inspection once offer is accepted. Buyers/Investors to do their own investigation on the information submitted plus more, Long term tenants.Front House has 4br 2bath downstairs plus laundry hook ups, and 4br 1.5bath upstairs the other 3 units have 2br 2bath, 2br 1.5bath, and 2br 1.5 bath

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Based on information from CRISNet MLS as of 2021-10-23T18:56:05.997. 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.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-10-23T18:56:05.997. 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.thepayabgroup.com/homes/115356881
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141 S Avenue 57 Los Angeles, CA 90042

  • Price: $1,997,000
  • Status: Active
  • Updated: 47 min ago
  • ID#: SR21057922
0
Beds
0
Baths
0
½ Baths
0.4
Acres
4,790
SQFT
$417
$/SQFT
1933
Built
Neighborhood:
632 - Highland Park
County:
Los Angeles
Area:
632 - Highland Park
Property Description
Amazing opportunity in Highland Park! Great land with a total of five units, zoning for LARD2 in a HPOZ zoned for endless possibilities. Currently, configured as Three (3) separate structures with Five (5) units that are currently tenants occupied a total of 14 bedrooms and 7.5 bathrooms. Potential to build 4 more units, new subdivision with existing structures on this one parcel and many opportunities to renovate this LARD2 HPOZ zoned property. A great source of income potential to build 4 more units as the lot size is 17,424. Los Angeles Historic Cultural Monument off Figueroa street in the heart of Highland Park, close proximity to Highland Park Bowl, Highland Park Theater, Pop Physique, and The Greyhound Bar & Grill. Offer subject to interior inspection once offer is accepted. Buyers/Investors to do their own investigation on the information submitted plus more, Long term tenants.Front House has 4br 2bath downstairs plus laundry hook ups, and 4br 1.5bath upstairs the other 3 units have 2br 2bath, 2br 1.5bath, and 2br 1.5 bath
Exterior Features

Levels Two Lot Features Lot 10000-19999 SqftPark Nearby Lot Size Area 17424.0000 Parking Features OtherStreet Parking Total 0.00

Interior Features

Common Walls 2+ Common Walls Laundry Features Inside Laundry YN Yes

Property Features

Additional Parcels YN No Community Features CurbsSidewalks Electric Expense 0.00 Fuel Expense 0.00 Gross Income 108482.00 Gross Scheduled Income 108482.00 Insurance Expense 1915.00 Land Lease YN No Net Operating Income 86067.00 New Construction YN No New Taxes Expense 8500.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 22415.00 Pool Features None Pool Private YN No Professional Management Expense 500.00 Property Attached YN Yes Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Expenses 22415.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Zoning Lard2

Listing provided courtesy of Giovany Kirakossian, CA DRE# 01852689, of Johnhart Real Estate.


Based on information from CRISNet MLS as of 2021-10-23T18:56:05.997. 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.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-10-23T18:56:05.997. 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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