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$2,450,000
Est. payment /mo
7,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25024849
HOA Y/N No
Year Built 1959
Lot Size 7,000 Sqft
Property Sub-Type Mixed Use
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).
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
Area Wla - West Los Angeles
Zoning LAR3
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Carport
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Urban
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4261004004
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Listed by Everett Wong • Greysteel California, Inc. • 310-382-6705