RARE OPPORTUNITY TO PURCHASE THE DEVERAUX - SEXY NY STYLE LOFTS IN PRIME KOREATOWN Commercial Asset Group is pleased to have exclusively listed The Deveraux, Koreatowns' premier apartment community. Located walking distance to the metro stop at Wilshire & Vermont and Southwestern Law School, this beautifully re-imagined 30 unit apartment building features 24 completely remodeled units and common areas. Listed at $5,250,000, the property offers a 5.4% cap and an 11.8 GRM on in-place rents. Redone units each have their own individual style, some with Carrera marble countertops and bathroom floors, some with quartz counters and beautiful and modern subway tile backsplashes. The Deveraux offers it's tenants a wonderful place to call home and an investor the opportunity to purchase a turnkey, stabilized income producing property and enjoy the cash flow from this beautiful building!
-Across the street from recently renovated Lincoln Park. Fish in the lake on your lunch break. -Park has new skateboard park, baseball, soccer, basketball, & the famous Plaza de la Raza - amazing place for arts classes for kids. -Murals on front are the first 4 registered under L.A.'s new mural ordinance. -The painting on the left is a 16 ft tall dragon that glows when lit up with black light. -Property currently used as film studio. -Amazing views from the roof of Dodger stadium, downtown L.A., the L.A. County/USC Medical Center, palm trees & hills. Add a roof garden or deck? Check with the City. -Zoned CM-1VL -Large gated parking -Private office, windows facing the entire room. -2 handicapped bathrooms -2 glass doors & 2 large roll-up doors. -Concrete floors -Surrounded on two sides by City land with tons of palm trees -Might be able to be split into two units because of the way it was built. Check with the City. Use one side & rent out the other. -High power 3 phase, 400 amps, 120/240 power -For retail use, there are heavy traffic counts on N. Main St and Mission Rd. -For sale by owner.
prime location . Completely renovated, Ground floor portion for retail, very good vision, second to the big intersection of La cienega Blvd. & Venice Blvd. with covered parking from ally in the back and some off street parking in front. owner user/ investment.
Marcus & Millichap, as exclusive agent is pleasd to offer for sale a rare Net lease Dosan An Chang Ho Station located within the prime Koreatown Mid-Wilshire area. The offering is comprised of approximately 34,589 sqft (0.79 acres) of land. This site currently has 16,000 +/- square foot Post Office building. Originally built in 1959, the subject property gerenates an annual income of $413,270.
Great Location at the corner of Olympic Blvd. and Esperanza. Aproximately 8,128 square foot industrial warehouse of tilt up construction and Bow Truss Roof ideal for warehouses, light manufacturing or creative uses. Two loading doors with one well and one at grade. Zoning LAM2. Fantastic street exposure along Olympic Blvd. just minutes to Downtown LA with quick access to the 5,60,10 and 710 Freeways
Visit the website at www.losangelesmotels.us About 9,400 sq ft of Commercial lot (C-2 Zone) with 85 feet frontage on Santa Monica Blvd. There is a comparable sale "Stars Inn" motel in April 2013 at 10269 Santa Monica Blvd., Ca 90067 . (about one mile to the east with the same square footage of lot, building size and C-2 zoning). Stars Inn has been torn down for new +/-29,000 sq ft development ; theefore, main competition for the Little Inn is eliminated. Buyers should estimate income based on their method of motel operation. Currently one unit is used for the Resident Manager. The motel was renovated with new doors, windows, stucco, pavement, copper plumbing, electrical, etc. and a new occupancy permit was obtained in 1993 for 14 units, but 2 rooms are suites with separate doors that makes the motel operate as a 16-unit motel, including 5 units with kitchen ( 2 rooms , and shower over bathtubs). 10 units are single rooms with 1 or 2 beds and shower. One room has handicap bathroom, but 7 more units have handicap access. There are 16 approved tandem parking plus 4 courtyard parking . Sold "AS-IS". Owner may carry $1.5M if terms and interest rate are good.
Enrique Viramontes introduces the sale of the Bella Vista Townhomes, an aesthetically pleasing apartment complex located in the unincorporated County of Los Angeles. The property recently underwent a $150,000 renovation, which includes but not limited to: new sound insulated vinyl windows and doors, new main electric panel and individual subpanels, central air conditioning and heat, and new exterior paint!!! Each home has a two story spacious floor plan with 2 bedrooms and 1.5 baths. The property is NOT subject to rent control or the city of LA code enforcement inspections. A new investor can take advantage of the immediate upside potential in rental income as the rents are significantly under market value. This is the truest sense of a Turn-Key investment; an amazing purchase for the most discerning investor.
This is a unique medical office building opportunity in the center of Los Angeles close to downtown. It is within walking distance to Saint Vincent Medical Center and within a one mile radius from various major hospitals and medical centers, including Good Samaritan Hospital, The Los Angeles Medical Center, and Silver Lake Medical Center. The building is located in a designated State Enterprise Zone, which grants the parking exception to only 2 per 1,000 sqft. The roof top provides secured parking and a very generous parking ratio, well exceeding the minimum requirement for medical space. Its 245 feet of frontage on 3rd Street attracts over 46,000 cars traveling on it each day. The building allows for convenient access to three major freeways: Harbor (110), Hollywood (101) and Santa Monica (10) freeways. Two major anchor tenants and One million dollar renovation and improvement is underway. National Medical company moving in as a long term tenant. Potential upside on current rents. For more info. sign the attached CND and email it to Kevin@AvalonLoans.com
As exclusive listing agents, Remax Commercial is pleased to present 5811 Harold way a 14 unit apartment building located in the Hollywood submarket of Los Angeles. This property features a unit mix of 2 Singles, 4 two Bedrooms and 8 one bedrooms with subterranean parking. A great opportunity to acquire a classic building built in 1964 with historically 100% occupancy
www.eaglerockoffice.com PROPERTY HIGHLIGHTS: Can be occupied by a single user or multiple tenants Building can be delivered vacant at the close of escrow Fenced, secured parking lot Abundant, unrestricted street parking Easy access to 134 Freeway Furniture can be made available Four separate stairways