CA > Los Angeles
Los Angeles, CA 90018,2420 S Western AVE
Los Angeles, CA 90018,2420 S Western AVE
Los Angeles, CA 90018,2420 S Western AVE
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$9,000,000
Est. payment /mo
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UPDATED:

12/05/2024 05:07 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID P1-19129

HOA Y/N No

Year Built 1990

Property Sub-Type Multi Family

Property Description

Built in 1990, the fully occupied 40-unit apartment building at 2420 S Western Avenue sits on a large 35,439 square foot lot, offering plenty of space for future development. The 32,705 square foot building, zoned LARD1.5, provides an excellent opportunity for investors looking to capitalize on a property with both modern construction and significant potential for expansion. Its prime location and generous lot size make it ideal for long-term growth and increased rental income. Offered under a bankruptcy sale, this property presents a rare chance to acquire a significant asset in a high-demand area. Buyers should be aware that the property is subject to various covenants and restrictions that may impact tenant selection, income, and rent levels. Prospective buyers are strongly encouraged to independently verify all information, including square footage and zoning regulations.

Location

State CA

County Other

Area C16 - Mid Los Angeles

Interior

Fireplace No

Building

Lot Description Sprinklers None

Dwelling Type Multi Family

Water Public

Others

Tax ID 5058015009

Special Listing Condition Bankruptcy Property

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California Regional MLS (CRMLS)
Listed by Brian Parsons • Keller Williams Realty
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"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

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