$1,725,000
$1,725,000
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27 Beds
11 Baths
7,386 SqFt
SOLD DATE : 09/23/2019
Key Details
Sold Price $1,725,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,386 sqft
Price per Sqft $233
MLS Listing ID 18299188
Sold Date 09/23/19
Bedrooms 27
HOA Y/N No
Year Built 1924
Lot Size 0.309 Acres
Acres 0.3087
Property Description
NEW PRICE! We are pleased to offer for sale this 27 Unit SRO (single room occupancy) building centrally located in Wilmington with easy access to the Port of LA & Long Beach and Downtown San Pedro. The SRO consists of eight Studio apartments on the first floor (with own bathroom and kitchen) and 18 rooms + manager's unit on the second floor with 2 community baths. About 25% upside in rents! SRO sits on approximately 4,500 sqft lot, with abutting parcel on 818 Sanford Ave totaling about 9,000 sqft of land. Adjoining parcel of 9,000 sqft being used as parking lot for SRO building (RARE TO HAVE PARKING FOR SRO BUILDINGS!!!). Lots of potential with the land parcel behind. Buyer to do own investigation with city of LA with regards to zoning. Please contact listing agent for more details. Please do not disturb or speak with tenants under any circumstances.
Location
State CA
County Los Angeles
Area 196 - East Wilmington
Zoning LAMR2
Interior
Fireplace No
Exterior
Attached Garage Yes
Total Parking Spaces 16
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 7425037012
Special Listing Condition Standard
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Bought with Daniel Shamooelian • BRC Advisors- BH