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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$1,825,000

Est. payment - /mo

12 Beds

8 Baths

9,268 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 9,268 sqft

Price per Sqft $196

MLS Listing ID 26833875

Bedrooms 12

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1922

Lot Size 0.302 Acres

Lot Dimensions Assessor

Property Description

Prime investment opportunity in the heart of LA's vibrant 90019 zip code! This charming 8-unit building, set on a large 13,166 SF R3 lot, offers a rare blend of classic architecture, updated interiors, and exceptional long-term upside. The unit mix includes 4 spacious 2-bed units and 4 well-appointed 1-bed units, many of which have been remodeled or meticulously maintained. Pride of ownership is evident throughout. Below-market rents and long-term tenants provide immediate value-add potential. Ideally located near Koreatown, Mid-Wilshire, and Harvard Heights, the property is surrounded by new multifamily developments. With R3 zoning and a sizable lot, this is also a fantastic opportunity for developers to tear down and build condos or a larger multifamily project in one of LA's hottest growth corridors. Whether you're seeking stable cash flow, redevelopment upside, or both this is a can't-miss opportunity.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile, Vinyl, Wood

Fireplaces Type Dining Room, Kitchen, Living Room

Fireplace Yes

Appliance Gas Oven, Oven, Refrigerator, Dryer

Exterior

Parking Features Assigned, Controlled Entrance, Concrete, Covered, Driveway, Electric Gate, Community Structure, Shared Driveway, On Street, Uncovered

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Gated

View Y/N No

View None

Roof Type Composition,Tile

Porch None

Total Parking Spaces 16

Private Pool No

Building

Lot Description Landscaped, Rectangular Lot

Faces East

Story 2

Entry Level One

Foundation Raised

Sewer Other, Sewer Tap Paid

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5073006008

Security Features Carbon Monoxide Detector(s),Security Gate,Gated Community,Smoke Detector(s),Window Bars

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Listed by Christophe Choo Coldwell Banker Realty #01027350

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent | License ID: 01854556

Agent License ID: 01854556

1415 S St Andrews PL Los Angeles, CA 90019

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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