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    1746 S La Brea Avenue

    Los Angeles (City), CA 90019
    • $1,500,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: 21707218
    UPDATED: 81 min ago
    $1,500,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,917
      SQFT
    • $305
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    I am pleased to present the opportunity to acquire 1746 South La Brea Avenue, a six-unit apartment community in Mid-City. 1746 South La Brea Avenue is situated just south of Venice Boulevard within the Mid-City submarket in a dense infill pocket of Los Angeles. The well-maintained property built in 1958 consists of two one-bedroom units and four two-bedroom units. Its 5,796 square foot lot is located within a highly desirable pocket of Mid-City Los Angeles. It is walking distance to the main intersection of La Brea Avenue & San Vicente Boulevard providing convenient access to daily errands, retail and entertainment venues. The property features nine on-site parking spots(five covered & four uncovered).The continued gentrification of the surrounding area along with the remaining value add potential for a new owner to renovate the building to achieve superior future returns moving forward makes 1746 South La Brea Avenue an excellent investment opportunity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-18T00:36:17.987. 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 Zutila, Inc.. Licensed in the State of California, USA.
    www.myorangecountyhomesearcher.com/homes/115254565
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    1746 S La Brea Avenue Los Angeles (City), CA 90019

    • Price: $1,500,000
    • Status: Active
    • Updated: 81 min ago
    • ID#: 21707218
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    4,917
    SQFT
    $305
    $/SQFT
    1958
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    I am pleased to present the opportunity to acquire 1746 South La Brea Avenue, a six-unit apartment community in Mid-City. 1746 South La Brea Avenue is situated just south of Venice Boulevard within the Mid-City submarket in a dense infill pocket of Los Angeles. The well-maintained property built in 1958 consists of two one-bedroom units and four two-bedroom units. Its 5,796 square foot lot is located within a highly desirable pocket of Mid-City Los Angeles. It is walking distance to the main intersection of La Brea Avenue & San Vicente Boulevard providing convenient access to daily errands, retail and entertainment venues. The property features nine on-site parking spots(five covered & four uncovered).The continued gentrification of the surrounding area along with the remaining value add potential for a new owner to renovate the building to achieve superior future returns moving forward makes 1746 South La Brea Avenue an excellent investment opportunity.
    Exterior Features

    Parking Features Covered

    Property Features

    Gross Income 81468 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 37689 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar3

    Listing provided courtesy of Sean Rosenzweig of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-18T00:36:17.987. 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 Zutila, Inc.. Licensed in the State of California, USA.
     
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