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

10,884 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,884 sqft

Price per Sqft $329

MLS Listing ID CL26655689

HOA Y/N No

Year Built 1980

Lot Size 7,488 Sqft

Acres 0.17

Property Sub-Type Other

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

Zoning LAR3

Interior

Heating Forced Air

Fireplace No

Building

New Construction No

Others

Tax ID 5501019025


Bridge MLS
Listed by Ki Seon Im • Ivy Realty Co.

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210 S Commonwealth Avenue