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1506 2ND Avenue

Los Angeles (City), CA 90019
  • $2,995,000
  • STATUS: Active Under Contract
  • ON SITE: 29 Days
  • ID#: 22150033
Under Contract
UPDATED: 25 min ago
$2,995,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

Listing Agent(s): Nir Yacoby of Aapm Inc. (310-765-4308)


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 California Regional Multiple Listing Service, Inc. as of 2022-05-25T22:30:26.827. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128051729
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1506 2ND Avenue Los Angeles (City), CA 90019

  • Price: $2,995,000
  • Status: Active Under Contract
  • On Site: 29 Days
  • Updated: 25 min ago
  • ID#: 22150033
0
Beds
0
Baths
0
½ Baths
0.52
Acres
1913
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - 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

Parking Features None Parking Total 9

Interior Features

Cooling None Cooling YN No Heating None Heating YN No

Property Features

Association Fee 0 Gross Income 178586 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 110888 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T22:30:26.827. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Nir Yacoby of Aapm Inc. (310-765-4308)