Homes for sale - 210 S Commonwealth AVE, Los Angeles, CA 90004

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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$3,599,999

Est. payment - /mo

7,487 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD25134242

HOA Y/N No

Year Built 1980

Lot Size 7,487 Sqft

Property Sub-Type Mixed Use

Property Description

Global Equity Partners and Eduard Khachatryan proudly bring you the one of the rarest and unique apartment buildings available for sale.
210 S Commonwealth Ave is a multi-family property located in the Koreatown neighborhood of Los Angeles, CA. It is specifically an apartment building with 14 units. The property was built in 1980 and has a total structure area of 10,884 sq ft. The lot size is 7,488 sq ft.
10 x 2 Bedroom 1 Bathroom Units with average size of 900 sq ft, 4 X 1 Bedroom Bathroom Units with average size of 700 sq ft.
It features 24 bedrooms and 14 bathrooms. The building has 2 stories and has been properly maintained and cared for as needed always.
Property has 18 total spaces, including a garage, balconies and laundry facilities for more convenience to tenants and additional income for the owner.
80% of lease agreements are on month to month, rents below market with huge upside potential.

Current Monthly Gross Income $ 25,400, $304,800 Annual.
Pro Forma Monthly Rent Income $33,800: $405,600 Annual

2 of the units (1 Bedroom, 1 Bathroom and 1 Bedroom 1 Bath) may be delivered vacant.

More details available upon request.

Location

State CA

County Los Angeles

Area Krea - Koreatown

Zoning LAR3

Interior

Heating Natural Gas

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 20.0

Garage Description 20.0

Pool None

Community Features Curbs, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected

Total Parking Spaces 20

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5501019025

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, Submit

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, Submit

Special Listing Condition Standard

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Listed by Eduard Khachatryan • Luxury Homes International • glendalebroker@gmail.com

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Jessica Panzica

+1(714) 313-8193

Agent | License ID: 01854556

Agent License ID: 01854556

210 S Commonwealth AVE Los Angeles, CA 90004

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

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