Los Angeles, CA 90019,1337 S Highland Avenue
Los Angeles, CA 90019,1337 S Highland Avenue
Los Angeles, CA 90019,1337 S Highland Avenue
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$1,250,000
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6,256 SqFt
Pending

1337 S Highland Avenue Los Angeles, CA 90019

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Pending

Purchase Type For Sale

Square Footage 6,256 sqft

Price per Sqft $199

MLS Listing ID CL24431375

HOA Y/N No

Year Built 1928

Lot Size 8,998 Sqft

Acres 0.21

Property Sub-Type Comm Ind For Sale

Property Description

The garden style asset, 1337 S. Highland Avenue, is comprised of two adjacent apartment buildings with a total of eight units situated in the diverse Mid City neighborhood of Los Angeles. The asset boasts eight tandem parking spaces located directly in front of the property. The unit mix consists of eight large, well-designed one-bedroom / one bathroom units that include outdoor space for added convenience and appeal.The low price per unit establishes a strong initial investment basis, making it attractive for buyers looking to maximize their return. Notably, the property has a significant potential upside in rents, indicating substantial room for income growth and increased profitability via bringing down operational expenditures. This property offers a compelling value add investment opportunity to new ownership. The neighborhood is located in the city's central region, between Hancock Park and Miracle Mile, and is bordered by West Third Street, LaBrea Avenue, Wilshire Boulevard, Crenshaw Boulevard, Pico Boulevard, and Fairfax Avenue. SOLD AS-IS. SUBJECT TO COURT APPROVAL AND OVERBID

Location

State CA

County Los Angeles

Area Listing

Zoning LAR3

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5070001008


Bridge MLS
Listed by Douglas Steinriede • Dover Management Corp.

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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1337 S Highland Avenue