1846 Cordova Street

    Los Angeles (City), CA 90007
    • $1,799,000
    • STATUS: Active
    • ON SITE: 26 days
    • ID#: 18356620
    $1,799,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,280
      SQFT
    • $341
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    We are pleased to present the exclusive listing of a 16-unit portfolio. The portfolio consists of an 8-unit building at 1962 W 22nd St in Historic West Adams and an 8-unit apartment building at 1846 Cordova St in Downtown West just north of the 10, which can be sold together or separately. Both of these properties are within walking distance to USC and offer a great alternative for student housing. Additionally, this asset has a highly desirable unit mix of eight 2-bedroom/ 1-bathroom units. Located in Downtown West, situated just south of Venice Blvd and east of Western, 1846 Cordova St boasts an excellent unit mix and ample parking in a gentrifying pocket of Los Angeles. Additionally, it is just minutes from popular attractions such as the Staples Center, LA Live, the Museum of Contemporary Art, and new and proposed developments such as The Metropolis and The Cumulus Towers, a 30-story ground up project including 1200 units, and 100,000 square feet of brand new retail shops.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-16T00:28:38.717. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84815626

    1846 Cordova Street Los Angeles (City), CA 90007

    • Price: $1,799,000
    • Status: Active
    • ID#: 18356620
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    5,280
    SQFT
    $341
    $/SQFT
    1959
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    We are pleased to present the exclusive listing of a 16-unit portfolio. The portfolio consists of an 8-unit building at 1962 W 22nd St in Historic West Adams and an 8-unit apartment building at 1846 Cordova St in Downtown West just north of the 10, which can be sold together or separately. Both of these properties are within walking distance to USC and offer a great alternative for student housing. Additionally, this asset has a highly desirable unit mix of eight 2-bedroom/ 1-bathroom units. Located in Downtown West, situated just south of Venice Blvd and east of Western, 1846 Cordova St boasts an excellent unit mix and ample parking in a gentrifying pocket of Los Angeles. Additionally, it is just minutes from popular attractions such as the Staples Center, LA Live, the Museum of Contemporary Art, and new and proposed developments such as The Metropolis and The Cumulus Towers, a 30-story ground up project including 1200 units, and 100,000 square feet of brand new retail shops.
    Exterior Features

    Lot Size Source Estimated Lot Size Units Square Feet

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Gross Multiplier 18.25 Gross Operating Income 95599.00 Improvements Amount 279599 Land Value 652399 Laundry YN No Net Operating Income 51640.00 Special Listing Conditions Standard Total Expenses 43959.00 Zoning Lar3

    Listing provided courtesy of Joshua Ross of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-16T00:28:38.717. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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