819 Beacon Avenue

    Los Angeles (City), CA 90017
    • $2,550,000
    • STATUS: Active
    • ON SITE: 96 days
    • ID#: 18324710
    UPDATED: 42 min ago
    $2,550,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,340
      SQFT
    • $247
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1906
    County:

    School Ratings & Info

    Description

    We are pleased to present 819 Beacon Avenue in the gentrifying neighborhood of Westlake in Los Angeles. This 15-unit well-maintained apartment building is compromised of 7 studios and 8 one bedroom units. The subject property was built in 1906 and sits on 7,750 square foot or land zoned R3. The property is proximate to major new developments including a 218 unit, $60 million mixed use project: The Valencia and other projects such as the MacArthur Park Metro Apartments.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T10:25:43.193. 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/81723255

    819 Beacon Avenue Los Angeles (City), CA 90017

    • Price: $2,550,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: 18324710
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    10,340
    SQFT
    $247
    $/SQFT
    1906
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    We are pleased to present 819 Beacon Avenue in the gentrifying neighborhood of Westlake in Los Angeles. This 15-unit well-maintained apartment building is compromised of 7 studios and 8 one bedroom units. The subject property was built in 1906 and sits on 7,750 square foot or land zoned R3. The property is proximate to major new developments including a 218 unit, $60 million mixed use project: The Valencia and other projects such as the MacArthur Park Metro Apartments.
    Exterior Features

    Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 4.04 Gross Multiplier 13.07 Gross Operating Income 195106.00 Improvements Amount 316979 Land Value 444885 Laundry YN Yes Net Operating Income 102989.00 Special Listing Conditions Standard Total Expenses 89863.00 Zoning Lar3

    Listing provided courtesy of Filip Niculete of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T10:25:43.193. 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.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094