Los Angeles, CA 90015,1422 W 10th Place
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Los Angeles, CA 90015,1422 W 10th Place
Los Angeles, CA 90015,1422 W 10th Place
Los Angeles, CA 90015,1422 W 10th Place
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1422 W 10th Place Los Angeles, CA 90015

3,328 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,328 sqft

Price per Sqft $240

MLS Listing ID CL25501551

HOA Y/N No

Year Built 1910

Lot Size 3,986 Sqft

Acres 0.09

Property Sub-Type Other

Property Description

THE SUBJECT PROPERTY IS BEING SOLD ALONG WITH THE ADJACENT PROPERTY, 1416 WEST 10TH PLACE. WHILE THE PROPERTIES MAY BE PURCHASED INDIVIDUALLY OR TOGETHER, A COMBINED SALE IS STRONGLY PREFERRED. We are pleased to offer for sale a six-unit apartment building, consisting of a duplex and fourplex on contiguous lots located at 1422-1426 West 10th Place. The subject property is located west of the 110 Freeway and south of Olympic Boulevard. Situated on a 3,328 square foot parcel, the property is comprised of studios, one-bedroom, and two-bedroom units. The property has a significant value-add opportunity with 86% remaining rental upside through unit renovations. 1422-1426 West 10th Place presents investors a unique opportunity to acquire an asset with an attractive basis and multiple exit strategies. New ownership will have the opportunity to capitalize on the westward expansion and revitalization of the Downtown sub-market along with the potential to sell off each parcel individually. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Location

State CA

County Los Angeles

Zoning LAR4

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5137013013


Bridge MLS
Listed by Sean Rosenzweig • Marcus & Millichap
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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1422 W 10th Place