$100,000 Price Reduction. Development/conversion project for a 7 unit building to be built within the existing envelope of the current 3 units. The project will be delivered shovel ready, (RTI) with a buyer being able start the construction on day one. The new unit mix consists of 4: 2+1, 2:… Read More 1+1 and a studio. The property is to be delivered fully vacant. Approximate 7.5 Cap and 8.5 GRM after Completion based on proforma rents. Read Less
Property listed by Marcus & Millichap, Jon Emrani 310-909-5500
Listing Snapshot
Days Online
80
Last Updated
Property Type
Other
Beds
5
Square Ft.
4,265
Lot Size
0.18 Acres
Year Built
1922
MLS Number
24431977
30 Days Snapshot Of 90016
$1,053k
+53%
(avg) sold price
15
+87%
homes sold
63
-55%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1922, Building area total: 4,265, Levels: MultiSplit, Living area: 4265, 2 buildings
Income
Gross income: $204,000, Net operating income: $130,725
Lot
0.1789 acres, 7,795 square feet, Size: 7,795
Parking
Assigned
Property
Zoning: LAR3
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