Skip To Content

--
  • --
    BEDS
  • --
    ACRES
  • --
    BATHS
  • --
    1/2 BATHS
  • --
    SQFT
  • --
    $/SQFT

Listing Details

Status
--
On Site
--
On Market
--
MLS #
--
Neighborhood
--
Type
--
Built
--
County
--
Area
--

School Ratings & Info

Description

Amazing opportunity in Highland Park! Great land with a total of five units, zoning for LARD2 in a HPOZ zoned for endless possibilities. Currently, configured as Three (3) separate structures with Five (5) units that are currently tenants occupied a total of 14 bedrooms and 7.5 bathrooms. Potential to build 4 more units, new subdivision with existing structures on this one parcel and many opportunities to renovate this LARD2 HPOZ zoned property. A great source of income potential to build 4 more units as the lot size is 17,424. Los Angeles Historic Cultural Monument off Figueroa street in the heart of Highland Park, close proximity to Highland Park Bowl, Highland Park Theater, Pop Physique, and The Greyhound Bar & Grill. Offer subject to interior inspection once offer is accepted. Buyers/Investors to do their own investigation on the information submitted plus more, Long term tenants.Front House has 4br 2bath downstairs plus laundry hook ups, and 4br 1.5bath upstairs the other 3 units have 2br 2bath, 2br 1.5bath, and 2br 1.5 bath

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/115358126
Print Image

141 S Avenue 57 Los Angeles (City), CA 90042

  • Price: $1,997,000
  • Status: Active
  • ID#: SR21057922
0
Beds
0
Baths
0
½ Baths
0.4
Acres
4,790
SQFT
$417
$/SQFT
1933
Built
Neighborhood:
632 - Highland Park
County:
Los Angeles
Area:
632 - Highland Park
Property Description
Amazing opportunity in Highland Park! Great land with a total of five units, zoning for LARD2 in a HPOZ zoned for endless possibilities. Currently, configured as Three (3) separate structures with Five (5) units that are currently tenants occupied a total of 14 bedrooms and 7.5 bathrooms. Potential to build 4 more units, new subdivision with existing structures on this one parcel and many opportunities to renovate this LARD2 HPOZ zoned property. A great source of income potential to build 4 more units as the lot size is 17,424. Los Angeles Historic Cultural Monument off Figueroa street in the heart of Highland Park, close proximity to Highland Park Bowl, Highland Park Theater, Pop Physique, and The Greyhound Bar & Grill. Offer subject to interior inspection once offer is accepted. Buyers/Investors to do their own investigation on the information submitted plus more, Long term tenants.Front House has 4br 2bath downstairs plus laundry hook ups, and 4br 1.5bath upstairs the other 3 units have 2br 2bath, 2br 1.5bath, and 2br 1.5 bath
Exterior Features

Lot Features Near Park Number Of Separate Electric Meters 5 Parking Features OtherOn Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsSidewalksPark Contingency 1031 Exchange Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 108482 Gross Scheduled Income 108482 Insurance Expense 1915 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 86067 New Construction YN No New Taxes Expense 8500 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 22415 Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lard2

Listing provided courtesy of Giovany Kirakossian of Johnhart Real Estate and Patricia Mendoza of


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_4_365301312-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_4_365301312-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_4_365301312-1.jpg
Logo
Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344