$2,500,000 Price Analysis   ♡   Los Angeles, CA 90026 8 bed 4 bath 5,400 SqFt ($462/SqFt) 5,666SqFt lot. Built 1905 Listed 2024-03-10 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Location!
Location. Location! This property is a mixed-use building with 7 units; 3 residential and 4 storefronts. Located at the corner of Temple Street and Rosemont Avenue in the 90026 zip code area of Los Angeles in Historic Filipinotown which is also known for its trendy and diverse neighborhoods such as Silverlake and Echo Park. The mixed-use building is cnveniently situa ted near public transportation with several bus lines that run in the general vicinity of this address.
The property can be used for both residential and commercial purposes, which makes it a unique investment opportunity for those looking to generate rental income. This area is undergoing a significant transformation with new construction condominium developments, which increase the property values and potentially even new businesses or amenities. Less than 3 miles distance from Downtown Los Angeles. Easy access to Fwy entrance.
Presented by Rosi Agopian at
Beverly and Company.
Property MLS #SR24048175 from CRMLS
Lot Size Acres: 0.1300735
Lot Size Source: Assessor
Lot Size Square Feet: 5666
Bedrooms in Unit-1: 5
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
County: Los Angeles
Other Expense: 16700.00
Source Property Type: Residential Income
Insurance Expense: 6045.00
Area: C21 - Silver Lake - Echo Park
Source Neighborhood: C21 - Silver Lake - Echo Park
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 5157018003
Postal Code Plus 4: 4918
Professional Management Expense: 6000.00
Trash Expense: 1200.00
Zoning: LAC2
Source System Name: C2C
$2,500,000
CRMLS
Year Built: 1905
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 4
Entry Location: Ground
Property Age: 119
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3000.00
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.