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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$2,799,000

Est. payment - /mo

12 Beds

8 Baths

9,268 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 9,268 sqft

Price per Sqft $302

MLS Listing ID 23305307

Bedrooms 12

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1922

Lot Size 0.302 Acres

Lot Dimensions Assessor

Property Description

Nestled within the sought-after 90019 zip code, this stunning, pride of ownership 8-unit building presents a rare opportunity to own a piece of timeless elegance in a vibrant and culturally rich neighborhood. Boasting a harmonious blend of classic architecture and modern conveniences, this property is perfectly poised to captivate discerning investors. This thoughtfully designed building features an ideal mix of floor plans, with 4 spacious two-bedroom units and 4 inviting one-bedroom units. Each unit has been meticulously maintained or remodeled to maximize comfort and functionality, offering residents a comfortable retreat that is both welcoming and stylish. For investors seeking an asset with both immediate and long-term potential, this building presents a compelling opportunity. The unit mix caters to a wide range of renters, ensuring a steady stream of income. The sought-after location and impeccable design further contribute to the property's appreciation potential. With a substantial 13,166 square foot lot and many newer developments in this area, this is also a terrific opportunity to build to suit. Below market rents with long term tenants with substantial rent upside.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Tile, Vinyl, Wood

Fireplaces Type Dining Room, Kitchen, Living Room

Fireplace Yes

Appliance Gas Oven, Oven, Refrigerator, Dryer

Exterior

Parking Features Assigned, Controlled Entrance, Concrete, Covered, Driveway, Electric Gate, Community Structure, Shared Driveway, On Street, Uncovered

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Gated

View Y/N No

View None

Roof Type Composition,Tile

Porch None

Total Parking Spaces 16

Private Pool No

Building

Faces East

Story 2

Entry Level One,Multi/Split

Foundation Raised

Sewer Other, Sewer Tap Paid

Water Public

Architectural Style Traditional

Level or Stories One, Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5073006008

Security Features Carbon Monoxide Detector(s),Security Gate,Gated Community,Smoke Detector(s)

Acceptable Financing Owner May Carry

Listing Terms Owner May Carry

Special Listing Condition Standard

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Listed by Christophe Choo Coldwell Banker Realty #01027350

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

1415 S St Andrews PL Los Angeles, CA 90019

Ernie Caponera

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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1415 S St Andrews PL