231 S Alexandria Avenue

    Los Angeles (City), CA 90004
    • $1,825,000
    • STATUS: Active
    • ON SITE: 283 days
    • ID#: 19472278
    $1,825,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    We are proud to present this development opportunity in a good location in Korea town. The three unit building is located east of Normandie Avenue and north of 3rd Street. The 7,260 square foot LAR4 zoned lot is entitled for 25 apartment units, 3 being dedicated to affordable housing. That breaks down to $74,000 per build-able unit. A new Buyer may be able to obtain favorable financing options.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T00:27:54.523. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

    www.sdluxe.com/homes/96070331

    231 S Alexandria Avenue Los Angeles (City), CA 90004

    • Price: $1,825,000
    • Status: Active
    • ID#: 19472278
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1924
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    We are proud to present this development opportunity in a good location in Korea town. The three unit building is located east of Normandie Avenue and north of 3rd Street. The 7,260 square foot LAR4 zoned lot is entitled for 25 apartment units, 3 being dedicated to affordable housing. That breaks down to $74,000 per build-able unit. A new Buyer may be able to obtain favorable financing options.
    Exterior Features

    Lot Size Source Assessor Parking Features Assigned Parking YN Yes

    Interior Features

    Heating Central Heating YN Yes

    Property Features

    Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 78104.00 Net Operating Income 0.00 Senior Community YN No Special Listing Conditions Standard Zoning Lar4

    Listing provided courtesy of David Kaufman of David Ballin Kaufman


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T00:27:54.523. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

     
    Crudo & Associates | Willis Allen Real EstateLa Jolla
    1131 Wall St.
    La Jolla CA, 92037