210 S Commonwealth Ave, Los Angeles, CA 90004
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210 S Commonwealth Ave, Los Angeles, CA 90004
210 S Commonwealth Ave, Los Angeles, CA 90004
210 S Commonwealth Ave, Los Angeles, CA 90004
210 S Commonwealth Ave, Los Angeles, CA 90004
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$ 3,590,000
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210 S Commonwealth Ave Los Angeles, CA 90004

24 Beds

14 Baths

10,884 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,884 sqft

Price per Sqft $329

MLS Listing ID 26655689

Bedrooms 24

Year Built 1980

Lot Size 7,488 Sqft

Acres 0.1719

Property Sub-Type Multi-Family

Property Description

210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood, Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling Wall Unit(s)

Equipment Range/Oven

Exterior

Parking Features Assigned, Gated

Garage Spaces 20.0

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Ivy Realty Co.
Andrei Rafols

Andrei Rafols

Agent | License ID: 02014153

+1(310) 651-1906

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210 S Commonwealth Ave