1647 W 12th Pl - Apartments FOR SALE


Los Angeles, CA 90015- Pico-Union
$1,345,000 USD
1647 W 12th Pl, Los Angeles, CA for Sale
$1,345,000 USD
Apartments - FOR SALE
1/30
null | 5.3% Cap Rate

1647 W 12th Pl
Los Angeles, CA 90015
Pico-Union


OVERVIEW

Rare opportunity in the up-and-coming Pico-Union area, near Downtown! Three of the four units have been remodeled, offering modern living spaces. Currently, one 2-bedroom unit is vacant, perfect for owner occupancy or to attract new tenants. The property features a spacious parking area in the rear, with ample room to build an ADU, significantly increasing the property's value. Become a homeowner in the rapidly developing Pico-Union neighborhood. Three units are currently tenant occupied, and one unit is vacant. HPOZ

FOR SALE DETAILS

PRICE

$1,345,000 USD

PRICE/SF

$505 USD /SF

# OF UNITS

4

PRICE/UNIT

$336,250

CAP RATE

5.3%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1918

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LARD 1.5

APN/PARCEL ID

5137-028-014

ASK ABOUT THIS PROPERTY

Koeun HwangUrban Real Estate IncMore Info

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