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Nicole Gomez
661-477-2221
DESCRIPTION

Location! Location! Location! Historic property located minutes from USC, LA Live, Microsoft Theater, Convention Center, Coliseum, The Staple Center and Downtown LA. Near most prominent restaurants and retail locations in Downtown LA, & conveniently located across the street from Hoover Recreational Center. Close to beaches, all major freeways and so much more! Popular area with USC Students and faculty. Property is located under the USC Campus Park Patrol & Response Area (USC Prime Area). This property is perfect to construct for student housing and this area is up and coming. Subject is located in HPOZ and in need of some TLC. Property profile lists property as 2 units but is physically 7 units all 1 bed 1 bath units. Drive by only at this time all offers subject to interior inspection. All units are rented, tenants are month to month. Sold as is in it's current physical state with tenants in place. Rent control. No termite and no repairs. Buyer to cooperate with seller 1031 Ex

KEY DETAILS
  • Price:
  • $1,100,000
  • Bedrooms:
  • 7
  • Square Footage:
  • 4,421
  • Acreage:
  • 0.16
  • Year Built:
  • 1903
  • MLS #:
  • 19460538
  • Street Address:
  • 1023 W 25th St
  • City:
  • Los Angeles
  • State:
  • CA
  • Postal Code:
  • 90007
  • County:
  • Los Angeles
  • Area:
  • Downtown L.A.
  • Listing Status:
  • For Sale - Pending

Building

  • Building Floors:
  • 2
  • Number Of Units:
  • 2
  • Square Footage Source:
  • Vendor Enhanced
  • Total # Of Buildings:
  • 2
  • Total Building Square Footage:
  • 4421
  • Unit1 Bedrooms:
  • 1
  • Unit2 Bedrooms:
  • 1
  • Unit3 Bedrooms:
  • 1
  • Unit4 Bedrooms:
  • 1
  • Unit5 Bedrooms:
  • 1
  • Unit6 Bedrooms:
  • 1
  • Unit7 Bedrooms:
  • 1
  • Year Built:
  • 1903

Business

  • Adjusted Gross Income:
  • 46872.00
  • Net Operating Income:
  • 28999.00

Land

  • Approximate Lot Size Range Source:
  • Vendor Enhanced
  • Conforms To Zoning:
  • Lard1.5
  • Lot Square Footage:
  • 7070

Listing

  • Days On Market:
  • 203

Money

  • Price Per Square Foot:
  • 248.81

Structures

  • Parking Spaces:
  • 7
  • Parking Type:
  • Assigned

Source

  • Listing Provided By Toni Smith of Keller Williams Beach Cities (DRE#: 01999257)

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NOTES

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