1050 S Park View St - Apartments FOR SALE


Los Angeles, CA 90006- Pico-Union
$3,600,000 USD
213-225-7223
1050 S Park View St, Los Angeles, CA for Sale
$3,600,000 USD
Apartments - FOR SALE
1/5
null | 5.39% Cap Rate

1050 S Park View St
Los Angeles, CA 90006
Pico-Union


OVERVIEW

The Park View 21 consists of 3 street level commercial units + 18 residential studios. Delivered with 3 VACANT residential units, the property provides an owner the opportunity to add immediate value through a renovation and lease-up process. Situated on the Northeast corner of Park View St and 11th St, this building is strategically located in the rapidly changing Pico Union submarket adjacent to Downtown LA. This pocket has become increasingly sought after by tenants for its proximity to Downtown LA, Koreatown, and the high-density composition of the neighborhood. Seller is open to discussing Seller financing scenarios. Contact the listing team for additional information.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$329 USD /SF

# OF UNITS

21

PRICE/UNIT

$171,429

CAP RATE

5.39%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,287 SF

ZONING

C2-2, Los Angeles

APN/PARCEL ID

5136-015-012

ASK ABOUT THIS PROPERTY

Casey LinsKidder MathewsMore Info
213-225-7223

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Casey LinsKidder MathewsMore Info
213-225-7223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.