210 S Commonwealth AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90004
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25134242
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
More details available upon request.
Location
State CA
County Los Angeles
Area Krea - Koreatown
Zoning LAR3
Interior
Heating Natural Gas
Cooling Central Air
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
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
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