$4,995,000
Active
40 Days Online
0 Beds0 Baths15,244 SQFT
Active

2195 Whittier Boulevard Los Angeles, CA 90023

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We are proud to present The Lofts, an amazing mixed-use multifamily opportunity located at 2195 Whittier Blvd in Los Angeles, California. This unique mixed-use opportunity comprised of (16) apartment units above (5) retail stores fronts in one distinct two-story building inspired by the famous Flatiron Building in New York City. The building was constructed in 1916 of reinforced brick and concrete and highly renovated in 2020 and, now this architectural building encompasses an impressive ±15, 244 building square feet situated on one parcel totaling ±6, 267 square feet offering a zoning of LAC2. The apartment units are currently master metered for utilities which provides an opportunity for a savvy investor to implement a RUBS program to offset operating costs. The highly updated units are impressive and the open floor plans resemble that of a swanky New York flat. The Lofts offer a diverse unit mix consisting of (7) loft-style studio + One-Bath Units & (9) One-Bedroom + One-Bath Units. Many of the units have been highly renovated, offering exposed brick walls, newly installed picture windows with, drenching the units with natural light while providing views of the Downtown LA skyline and famous 6th St Bridge. From the fully remodeled kitchens and baths to the recessed lights and sliding barn doors, no corner was left untouched and the attention to detail is unmatched, creating a waiting list of prospective tenants. Though a lot of the heavy lifting has been completed, the property still offers immense room for growth through further capital improvements, restructuring of the retails leases and pushing unit rents to market. (7) Studio + One-Bath (9) One-Bedroom + One-Bath (5) Retail Store-Fronts The Arts District is known for its unique blend of industrial architecture and contemporary living spaces. Loft-style apartments, converted warehouses, and modern high-rise buildings offer residents a mix of urban chic and industrial charm. Many residential developments in the neighborhood feature amenities such as rooftop decks, fitness centers, and communal gathering spaces. The Arts District's central location and proximity to Downtown LA make it an attractive choice for young professionals, artists, and urban dwellers seeking a dynamic and vibrant urban lifestyle. In summary, the Arts District in Los Angeles is a thriving and dynamic neighborhood that celebrates creativity, culture, and community.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site40 Days
  • MLS StatusActive
  • MLS ID NumberSR24080652
  • Home Size Source N/A
  • Year Built1914
  • Lot Size0.1439 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Street
  • Parking Spaces 0
  • Sewer Public Sewer
  • Number of Stories Three Or More3
  • Acreage 0.1439
  • Water Public
  • Garage Spaces 0
  • Zoning LAC2
  • Listing Conditions Standard

Interior Features

  • Laundry Features None

Exterior Features

  • Pool Features None
  • Lot 21-25 Units/ Acre

Community Features

  • Community Features LakePark
  • Senior Community No
  • MLS Area BOYH - Boyle Heights

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Monthly Payment (Est.)

$26,666
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