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$ 2,450,000
Est. payment /mo
Active
1511 Corinth Avenue Los Angeles, CA 90025
6,277 SqFt
UPDATED:
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
HOA Y/N No
Year Built 1959
Lot Size 7,000 Sqft
Acres 0.16
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
Fireplace No
Laundry Community Facility
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 4261004004

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Listed by Everett Wong • Greysteel California, Inc.