210 S Commonwealth Avenue new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90004
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,884 sqft
Price per Sqft $330
MLS Listing ID CRGD25134242
HOA Y/N No
Year Built 1980
Lot Size 7,488 Sqft
Acres 0.17
Property Sub-Type Other
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 2 of the units (1 Bedroom, 1 Bathroom and 1 Bedroom 1 Bath) may be delivered vacant. More details available upon request.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Laundry Other
Building
New Construction No
Others
Tax ID 5501019025