1438 W 25Th Street

Los Angeles, CA 90007

$1,250,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1922

calendar_month Built

Property Description

Truly the opportunity of a lifetime! This 13,503 sq ft property is zoned R4 with three current structures and is in an HPOZ (Historic Preservation Overlay Zone. Built in 1922, there are five 2 bedroom / 1 bathroom units, four of which are currently occupied. Additional conveniences include 9 parking spots and a shed for 2 units. The property is subject to Los Angeles Rent Stabilization Ordinance, with rents currently totaling $4,458.48, and the seller would prefer to transfer the property occupied. Current units range in rents from $967.20 to $1,263.60 per month, with the recommended market value of the vacant fifth unit being $1,750 - $1,900. Located near USC, this property is both income generating and developable. The current buildings are in need of extensive repairs - inquire for more detailed information. Broker and Brokers Representatives are not responsible for accuracy of any information. Buyer to do own investigation including but not limited to zoning information, building requirements, condition of property etc.

Listing Information

List Price $1,250,000
Status Active
MLS 24461667
HOA $0
Type Commercial
Year Built 1922
Lot Size 13,465
Structure Size N/A
Courtesy Of Wexler Corporation
Listing Agent Cynthia Wexler DRE#01981372

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Cynthia Wexler, Wexler Corporation 818-416-4889. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 4th, 2024 at 10:46 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.