$3,000,000
A 12 unit apartment building located in the rapidly evolving Glassell Park neighborhood. Built in 1988, the property features spacious two bedroom, two bathroom units averaging approximately 900 square feet each. The building totals 11,008 square feet of improvements on a 9,601 square foot lot and includes 24 gated parking spaces, on site laundry facilities, and is separately metered for gas and electricity. The property benefits from its exemption from Los Angeles City rent control and seismic retrofit requirements. Several units have been thoughtfully updated with hardwood flooring, upgraded lighting, and premium kitchen and bath finishes.
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Listed by Mark Cianciulli with The CREM Group (323) 347-1009
Property Type
Commercial Sale
Status
Active
MLS Number
25631475
Year Built
1988
Lot Size
9,605 sq ft