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1506 2ND Ave

Los Angeles, CA 90019
  • $2,995,000
  • STATUS: Active Under Contract
  • ON SITE: 60 Days
  • MLS #: 22-150033
Under Contract
UPDATED: 22 min ago
$2,995,000
  • 18
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,619
    SQFT
  • $393
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

Description

8 individual cottages on 3 lots, one of them a corner lot, in a gated lush community. Each cottage is separately metered for WATER power and gas. Value add opportunity to add multiple ADU's and raise the rents SIGNIFICANTLY! In the heart of Koreatown, by Pico and Arlington. On the path of growth from downtown and the westside.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-25T10:42:51.87. 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.haciendagroupinc.com/homes/128047412
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1506 2ND Ave Los Angeles, CA 90019

  • Price: $2,995,000
  • Status: Active Under Contract
  • On Site: 60 Days
  • Updated: 22 min ago
  • MLS #: 22-150033
18
Beds
0
Baths
0
½ Baths
0.52
Acres
7,619
SQFT
$393
$/SQFT
1913
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
8 individual cottages on 3 lots, one of them a corner lot, in a gated lush community. Each cottage is separately metered for WATER power and gas. Value add opportunity to add multiple ADU's and raise the rents SIGNIFICANTLY! In the heart of Koreatown, by Pico and Arlington. On the path of growth from downtown and the westside.
Exterior Features

Lot Size Area 22500 Other Structures Accessory Bldgs Parking Garage None Total Parking 9

Interior Features

Baths Total 10.00 Cooling None Equipment None Heating None

Property Features

Assessed Total Value 1361523 Gross Income 178586 Gross Operating Income 178584 Like Units1 6 Like Units2 2 Net Operating Income 110888.00 Number Of Buildings 8 Number Of Units 8 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 67696 Type Of Units 8 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Nir Yacoby DRE#01391140 of Aapm Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-25T10:42:51.87. 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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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253