210 S Commonwealth Ave, Los Angeles, CA 90004
210 S Commonwealth Ave, Los Angeles, CA 90004
210 S Commonwealth Ave, Los Angeles, CA 90004
210 S Commonwealth Ave, Los Angeles, CA 90004
210 S Commonwealth Ave, Los Angeles, CA 90004
210 S Commonwealth Ave, Los Angeles, CA 90004
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$ 3,590,000
Est. payment | /mo

24 Beds

14 Baths

10,884 SqFt


Save
$ 3,590,000
Est. payment | /mo
Save

24 Beds

14 Baths

10,884 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,884 sqft

Price per Sqft $329

MLS Listing ID 26655689

Bedrooms 24

Year Built 1980

Lot Size 7,488 Sqft

Acres 0.1719

Property Sub-Type Multi-Family

Property Description

210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood, Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling Wall Unit(s)

Equipment Range/Oven

Exterior

Parking Features Assigned, Gated

Garage Spaces 20.0

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Ivy Realty Co.

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210 S Commonwealth Ave