1428 S Crescent Heights Boulevard

    Los Angeles (City), CA 90035
    • $2,200,000
    • STATUS: Active Under Contract
    • ON SITE: 78 days
    • ID#: 20544428
    Under Contract
    $2,200,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Highly desirable Carthay neighborhood of the Pico - LA Cienega area. This 6-unit two-story multifamily property features two buildings for a total of 5 one-bedroom/one-bathroom and 1 two-bedroom/two-bathroom units. The front building consists of 4 one bedroom/one bathroom units. The rear building consists of two non-rent control units (#1432 & #1432 1/2). All units w/ private entrances, ample natural light, gated community-like feel, and great walk-ability. Three (3) two-car garages plus additional open parking. Positioned just south of Pico, between Fairfax Ave. and La Cienega Blvd. Centrally located with easy access to Beverly Hills, Century City, Culver City, and West Hollywood. The property also has future redevelopment potential in that a developer has a 7,501 square foot lot, zoned R3 with 75 feet of frontage and an alley in the back. A developer can build 11 units by-right and 19 units by utilizing the Tier 3 TOC density bonus. Buyer to verify with the city

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-03T00:29:30.17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

    www.homefinderorangecounty.com/homes/102337457

    1428 S Crescent Heights Boulevard Los Angeles (City), CA 90035

    • Price: $2,200,000
    • Status: Active Under Contract
    • ID#: 20544428
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1949
    Built
    Neighborhood:
    C09 - Beverlywood Vicinity
    County:
    Los Angeles
    Area:
    C09 - Beverlywood Vicinity
    Property Description
    Highly desirable Carthay neighborhood of the Pico - LA Cienega area. This 6-unit two-story multifamily property features two buildings for a total of 5 one-bedroom/one-bathroom and 1 two-bedroom/two-bathroom units. The front building consists of 4 one bedroom/one bathroom units. The rear building consists of two non-rent control units (#1432 & #1432 1/2). All units w/ private entrances, ample natural light, gated community-like feel, and great walk-ability. Three (3) two-car garages plus additional open parking. Positioned just south of Pico, between Fairfax Ave. and La Cienega Blvd. Centrally located with easy access to Beverly Hills, Century City, Culver City, and West Hollywood. The property also has future redevelopment potential in that a developer has a 7,501 square foot lot, zoned R3 with 75 feet of frontage and an alley in the back. A developer can build 11 units by-right and 19 units by utilizing the Tier 3 TOC density bonus. Buyer to verify with the city
    Exterior Features

    Lot Size Dimensions A.0.1722 Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 135990.00 Gross Multiplier 15.70 Gross Operating Income 138588.00 Lot Dimensions Source Assessor Net Operating Income 84566.00 Senior Community YN No Special Listing Conditions Standard Zoning Lar3

    Listing provided courtesy of Vangelis Korasidis of Coldwell Banker Residential Brokerage and Filip Niculete of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-03T00:29:30.17. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

     
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