203 S Detroit St - Multi-Family FOR SALE


Los Angeles, CA 90036- Hancock Park
$2,795,000 USD
213-866-9801
203 S Detroit St, Los Angeles, CA for Sale
$2,795,000 USD
Multi-Family - FOR SALE
1/56
null | 4.05% Cap Rate

203 S Detroit St
Los Angeles, CA 90036
Hancock Park


HIGHLIGHTS

  • Huge Units - 3bd+3.5ba (2,590 sq. ft each unit)
  • Recently Remodeled
  • Large Living Rooms with Fireplaces
  • Hardwood Floors, Updated Kitchens and Bathrooms
  • Updated Plumbing and Electrical, Solar Panels, EV Charging
  • Minutes to Downtown Los Angeles, Beverly Hills, The Grove. Walk to places of worship

OVERVIEW

Beautiful Spanish Colonial duplex in the heart of Miracle Mile, full of charm and character. The units have recently been remodeled. Each spacious unit offers 2,590 sq. ft., 3 bedrooms, and 3.5 bathrooms with bright, open layouts. THE DOWNSTAIRS UNIT WILL BE DELIVERED VACANT - perfect for an owner-user or investor. Features include hardwood floors, updated kitchens and baths, stainless steel appliances, stone countertops, breakfast nook, wet bar, formal dining room, and large living rooms with fireplaces. Enjoy private patios/balconies, abundant natural light, individual washer/dryer hookups, recessed lighting, and backyard space. Modern upgrades include updated electrical and plumbing, central air & heat, new main sewer line, solar panels, EV charging, and security cameras. There is a 2-car garage. Don't miss this rare opportunity to own a timeless property with modern amenities in one of LA's most sought-after neighborhoods. Minutes from Downtown Los Angeles, Beverly Hills, The Grove and Hollywood. Walk to places of worship. The property is located in HPOZ Zone. Upstairs unit is occupied. PLEASE DO NOT DISTURB TENANTS.

FOR SALE DETAILS

PRICE

$2,795,000 USD

PRICE/SF

$540 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,397,500

CAP RATE

4.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

201-203 S. Detroit Street

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5513-021-027

ASK ABOUT THIS PROPERTY

Michael SalernoLee & AssociatesMore Info
213-866-9801

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Michael SalernoLee & AssociatesMore Info
213-866-9801

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.