$4,450,000
Active
57 Days Online
10 Beds10 Baths10,858 SQFT
Active
650 S La Jolla Avenue Los Angeles, CA 90048
650 S La Jolla Avenue is a 10-unit multi-family apartment complex featuring 1, 100sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has RTI permits for two 1bd/1bth ADUs through a carport conversion. Upon completion of the ADUs, the property will have a 13x GRM and an in-place 5.4% cap rate, with a 30% upside in existing unit rents. The building features a new 400amp main panel. Each unit is separately metered for electricity and gas.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site57 Days
- MLS StatusActive
- MLS ID Number24371201
- Home Size Source N/A
- Year Built1928
- Lot Size0.2871 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 650 S La Jolla Avenue Los Angeles, CA 90048
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| 2 months ago |
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General Features
- Parking Carport
- Parking Spaces 10
- Sewer Other
- Number of Stories Multi/Split0
- Acreage 0.2871
- Security Automatic GateGated CommunitySmoke Detector(s)
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Heating Central
- Appliances Refrigerator
- Flooring Wood
- Laundry Features Washer IncludedDryer IncludedStackable
Community Features
- Senior Community No
- MLS Area C19 - Beverly Center-Miracle Mile
- Security Features Automatic GateGated CommunitySmoke Detector(s)
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Monthly Payment (Est.)
$23,733Copyright ©2024 Information is deemed reliable but not guaranteed.