1050 Park View St, Los Angeles, CA 90006
21 Unit Apartment Building | $3,700,000 ($176,190/Unit) | 5.21% Cap Rate | Los Angeles, CA 90006
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,700,000
- Property Type
-
Multifamily
- Square Feet
- 10,948 SF
Listing Contacts
Casey Lins
Verified Profile
Barak Cassilly
Verified Profile
- Property Info
Property Overview
The Park View 21 consists of 3 street level commercial units + 18 residential studios. Delivered with 3 VACANT residential units, the property provides an owner the opportunity to add immediate value through a renovation and lease-up process. Situated on the Northeast corner of Park View St and 11th St, this building is strategically located in the rapidly changing Pico Union submarket adjacent to Downtown LA. This pocket has become increasingly sought after by tenants for its proximity to Downtown LA, Koreatown, and the high-density composition of the neighborhood. Seller is open to discussing Seller financing scenarios. Contact the listing team for additional information.
Property Details
- Class
- C
- Year Built
- 1923
- Stories
- 2
- Lot Size (sq. ft)
- 6,098 SF
- Units
- 21
Nearby Properties
Similar Properties
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