Los Angeles, CA 90004,210 S Commonwealth Avenue
Los Angeles, CA 90004,210 S Commonwealth Avenue
Los Angeles, CA 90004,210 S Commonwealth Avenue
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$ 3,599,999
Est. payment | /mo

10,884 SqFt


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$ 3,599,999
Est. payment | /mo
Save

10,884 SqFt

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

Bridge MLS
Listed by Eduard Khachatryan • Luxury Homes International
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210 S Commonwealth Avenue