1351 Alta Vista, Los Angeles CA 90046 | $3,995,000
Listing provided courtesy of Steve Frankel of Coldwell Banker Realty. Last updated 2024-11-29 10:26:57.000000. Listing information © 2024 SANDICOR.
We are pleased to present this exclusive investment offering of a 6-unit apartment building with redevelopment potential located in prime Hollywood. The subject property is located at 1351 North Alta Vista Boulevard, Los Angeles, CA 90046 ("Property"). It offers investors and developers a rare opportunity to acquire an existing, character apartment building on a large lot. The Property consists of one structure with a total of 6,296 square feet of rentable space on a single lot with 9,681 square feet of land zoned LAR3. Originally constructed as six apartment buildings and featuring attractive period architecture, the current rents are well-below market due to Los Angeles rent control restrictions. This presents "value-add" potential for an investor or a developer to consider new apartments or condominiums.
More Details
2 Stories
Parking Spots: 6.00
Asset Class: Multi-Family
Electricity Available
Cable Available
Natural Gas Available
Security Feature: Carbon Monoxide Detector(s)
Security Feature: Gated Community
Security Feature: Smoke Detector(s)
Security Feature: Window Bars
Roof: Carbon Monoxide Detector(s)
Roof: Gated Community
Roof: Smoke Detector(s)
Roof: Window Bars
Heating: Natural Gas
Heating: Combination
David Piper
Call or Text: 858-525-5007
DRE# 02021985
