1511 Corinth Avenue Active

Los Angeles,CA 90025

$ 2450000

- Bed

0 Bath

6277 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,277 sqft

Price per Sqft $390

MLS Listing ID CRPW25024849

Year Built 1959

Lot Size 7,000 Sqft

Property Sub-Type Other

Property Description

Situated in one of Los Angeles’ most desirable rental submarkets, 1511 Corinth Ave presents a unique value-add West LA opportunity just south of Wilshire Blvd and adjacent to Brentwood. The property consists of eight units, including (4) one-bedroom, one-bath units, (3) two-bedroom, one-bath units, and (1) studio, spanning 6,277 square feet on a 7,000 square foot [Q]R3-1 zoned lot. Originally built in 1959, the building offers investors approximately 38% upside in rents, making it an attractive long-term asset in this highly sought-after location. This is one of a 4-property, 37-Unit Westside portfolio which may be delivered individually or collectively. The other addresses are: 1320 S. Carmelina Avenue (9 Units), 3310 S. Keystone Avenue (10 Units), and 3636 S. Keystone Avenue (10 Units).

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Laundry Community Facility

Building

Sewer Public Sewer

Water Public

New Construction No

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