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Address
1657 - 1659 W 12 Place Los Angeles California 90015
Building/Land Information
Property Type
Multifamily
Property Subtype
Multifamily
1657 - 1659 W 12 Place Los Angeles, CA 90015 4 Plex For Sale
Sale Price Dollars
$1,150,000.00
Location Description
Your next great investment opportunity awaits! This great 4,720 sqft Fourplex, located in the Pico Union area, features 6 bedrooms, 4 bathrooms, and sits on a 6,249 sqft lot. This Value Add opportunity is just minutes away from Downtown L.A. where employment opportunities, shopping centers, public transportation and entertainment is plentiful. It boarders the neighborhoods of Westlake and Pico Union which are seeing rental rates increasing every year. Fantastic 92 Walk Score where daily errands do not require car. Excellent 81 Transit Score for easy access to metro lines. Good unit mix of 1 and 2 bedroom units. Perfect for an Investor or an Owner/User!
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Fully Occupied - Do Not Disturb Tenants. Please EMAIL Info@TheSeymourGroup.net for more information. This property is being sold by way of a court
appointed receivership per LASC case no: BC691477 and is subject to a court confirmation approval. - Call agents for more details. Sold as is no warranties/guarantees
made. Seller and/or seller's agent makes no representation as to room count, square footage, lot size, etc. Buyer to verify with appropriate entities and satisfy self.
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Fully Occupied - Do Not Disturb Tenants. Please EMAIL Info@TheSeymourGroup.net for more information. This property is being sold by way of a court
appointed receivership per LASC case no: BC691477 and is subject to a court confirmation approval. - Call agents for more details. Sold as is no warranties/guarantees
made. Seller and/or seller's agent makes no representation as to room count, square footage, lot size, etc. Buyer to verify with appropriate entities and satisfy self.
Sale Information +-
Sale Description
Bult in 1923 this 4,720 SF building sits on a 6,249 SF lot wit 2 2 Bed/ 1Bath units and 2 1 Bed/ 1 bath units perfect for owner user. Currently 100% occupied listed at 5.7% CAP.