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    1014 W 18TH Street

    Los Angeles (City), CA 90015
    • $750,000
    • STATUS: Active Under Contract
    • ON SITE: 510 days
    • ID#: 19487788
    Under Contract
    UPDATED: 63 min ago
    $750,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,084
      SQFT
    • $243
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1903
    County:

    School Ratings & Info

    Description

    Located in OPPORTUNITY ZONE! 4 units is the heart of Pico-Union ON 5,500 SF LOT ZONED RD1.5. Huge upside in rents. Separate meters for gas and electric. Close to DTLA and freeways. Interior shown with accepted offer. Property is part of HPOZ, but property is classified as a Non-Contributor, an application to demolish the building could be submitted in conjunction with an application to redevelop the property in compliance with the guidelines in the Pico-Union HPOZ Preservation Plan. 14,500 SF C2/RD1.5 lot in rear of property, 1803 Toberman, also available for sale by same seller (MLS#19-487798)

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-03T11:28:00.873. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

    www.legacy15.com/homes/96804725
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    1014 W 18TH Street Los Angeles (City), CA 90015

    • Price: $750,000
    • Status: Active Under Contract
    • Updated: 63 min ago
    • ID#: 19487788
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,084
    SQFT
    $243
    $/SQFT
    1903
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Located in OPPORTUNITY ZONE! 4 units is the heart of Pico-Union ON 5,500 SF LOT ZONED RD1.5. Huge upside in rents. Separate meters for gas and electric. Close to DTLA and freeways. Interior shown with accepted offer. Property is part of HPOZ, but property is classified as a Non-Contributor, an application to demolish the building could be submitted in conjunction with an application to redevelop the property in compliance with the guidelines in the Pico-Union HPOZ Preservation Plan. 14,500 SF C2/RD1.5 lot in rear of property, 1803 Toberman, also available for sale by same seller (MLS#19-487798)
    Exterior Features

    Direction Faces East Lot Features Tear Down Lot Size Source Assessor Lot Size Units Square Feet Parking Features Uncovered Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Laundry Features See Remarks

    Property Features

    Association Amenities Other Association YN Yes Gross Multiplier 19.67 Gross Operating Income 43200.00 Improvements Amount 112307 Land Value 249581 Laundry YN Yes Net Operating Income 30240.00 Property Condition Fixer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 12960.00 Zoning Lard1.5

    Listing provided courtesy of Shawn S. Kormondy of Keller Williams Beverly Hills


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-03T11:28:00.873. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

     
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