Price Reduction
Address
141 S Avenue 57 Los Angeles, CA
Price
$ 2,450,000
Property Attributes
  • MLS#SR21057922
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHighland Park
  • Zip90042
  • Style
  • Price$ 2,450,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size0.4 Acres
Listing Provided Courtesy Of:
Giovany Kirakossian with JohnHart Real Estate.
Data Source:
CRMLS
Property Description

Amazing opportunity in Highland Park! Great land with a total of five units, zoning for LARD2 in a HPOZ zoned for endless possibilities. Currently, configured as Three (3) separate structures with Five (5) units that are currently tenants occupied a total of 14 bedrooms and 7.5 bathrooms. Potential to build new subdivision with existing structures on this one parcel and many opportunities to renovate this LARD2 HPOZ zoned property. A great source of income potential to build 4 more units as the lot size is 17,424. Los Angeles Historic Cultural Monument off Figueroa street in the heart of Highland Park, close proximity to Highland Park Bowl, Highland Park Theater, Pop Physique, and The Greyhound Bar & Grill. Offer subject to interior inspection once offer is accepted. Buyers/Investors to do their own investigation on the information submitted plus more, SOLD AS IS.

Price History
3/22/2021 Listed $2,690,000
4/16/2021 9% - $2,450,000

General Features

Community Features Curbs, Sidewalks, Park
Levels Two
MLS Area 632 - Highland Park
Parking Features Other, On Street
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Unknown
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Total Units 5
Zoning LARD2

Interior Features

Common Walls 2+ Common Walls
Laundry Features Inside

Exterior Features

Lot Features Near Park
Lot Size Acres 0.4
Lot Size Area 17424
Lot Size Source Assessor
Lot Size Square Feet 17424
Lot Size Units Square Feet
Number of Buildings 4
Number of Separate Electric Meters 5
Number of Separate Gas Meters 5
Number of Separate Water Meters 5
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90042

Price
AVG $2.31M
$2.45M
Visits
AVG 41
25
Year Built
AVG 1936
1933
Walkscore
AVG 74
91
Data Provided by Walkscore ® not using MLS data

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