Los Angeles CA  home offered at $2,990,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

4442 W Pico Boulevard
Los Angeles, California CA 90019-4241
Sold For: $2,940,000
Listing ID: 22222019
Price/SqFt: $947.40
Status: Closed
Sold Date: 7/13/2023
SqFt: 3,156 Sq Ft
Acres: 0.176 Acres
Year Built: 1948

We are proud to exclusively present for sale a brand-newly remodeled (down to the studs) 100% vacant 12 unit residential income building previously operated as a Motel. The owners went all out in the remodel, with new electrical (a 400 amp service), new plumbing, re-roof, new mini split A/C systems in each unit, new water heaters, new kitchenettes, new windowsjust new. The building features all Studio units with brand new kitchenettes (fridge, cooktop, microwave hood, cabinets) bathrooms, ample parking space, bicycle parking, new gate with motor, wiring for a security camera system (all home run to the storage/meeting room), and 3 brand new tankless water heaters. The building has an owned coin-operated washer and dryer. The building will be delivered move-in ready, perfect for Section 8, Extended Stay, Long Term Rentals, Master Leasing, etc. A half block to Midtown Crossing, which features Lowes, Ross, Chipotle, Chase, Panda Express, PetsMart, Smart & Final and much more. Walk Score calls this area Very Walkable! Previously operated as Motel, the property is Commercially Zoned and will be delivered 100% vacant!

Primary Features

County: Los Angeles
Price/SqFt: 947.4
Property Type: Residential Income
Year Built: 1948
Zoning: C4-1VL-O-CPIO

Interior

Appliances: yes
Appliances: Microwave, Refrigerator, Electric Cooktop
Heating: yes
Heating Type: Heat Pump
Stories Total: 1

External

Lot Dimensions Source: Assessor
Lot Size Area: 7667
Lot Size Dimensions: 60x126
Lot Size Square Feet: 7667
Number Of Buildings: 1
Parking: yes
Parking Features: Gated
Parking Total: 6

Location

Country: US
MLS Area Major: C16 - Mid Los Angeles

Additional

Association: no
Days On Market: 140
Disclosures: Rent Control
List Agent State License: 01884474
Lot Size Units: Square Feet
New Construction: no
Number Of Units Total: 12
Parcel Number: 5082012008
Senior Community: no

Financial

Special Listing Conditions: Standard
Vacancy Allowance Rate: 100

Zoning Info


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Listed by: DarioSvidler, DRE #01884474 from Keller Williams Beverly Hills 310-432-6400

Contact - Listing ID 22222019

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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