14 bedroom house for sale
$2,250,000 - Los Angeles CA 90016Los Angeles CA 90016
14 bedroom house for sale
- Beds: 14
- Baths: 14
- Price: $2,250,000
- :
- Area: 3,526 sqft
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Overview
PRICE REDUCED AGAIN! We are pleased to present a 14-unit motel currently operating as an apartment building located along the trending Washington Blvd corridor. With 4 existing vacancies and a projected 6.95% CAP upon leasing of the vacancies, there is immediate opportunity for an operator to renovate and add-value while working with the existing tenants (majority of which are transitional housing) that are currently receiving subsidies up to $1, 660 per month! The majority of units compose of bachelor style layouts (no kitchen), with 1 one bedroom unit (stand-alone structure), and 1 two bedroom unit (previous motel office). With 3, 526sf of building located on 8, 123sf of land, the property is well positioned for a local operator to continue relationships with the existing subsidy providers, or to return the property back to its original motel use. Located just minutes away from West Adams and Culver City, both investors and tenants are able to take advantage of the ever-improving amenities within the neighborhood, including but not limited to local coffee shops, breweries, restaurants, employment hubs, art galleries, and more! Buyer shall complete their own due diligence to determine the current legal use, tenancies, legal amount of units, and all aspects relating to the property. For more information please contact the listing broker. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69076474Location
Los Angeles CA 90016
14 bedroom house for sale
House Los Angeles
This House for sale is located at Los Angeles CA 90016. The home has 14 Bedroom and 14 Bathrooms. This 14 bedroom House in Los Angeles CA is for sale for $2,250,000 .
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2024-03-08, Viewed 0 times.
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The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-08, Viewed 0 times.
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