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    1746 S La Brea Ave

    Los Angeles, CA 90019
    • $1,500,000
    • STATUS: Active
    • ON SITE: 92 days
    • MLS #: 21-707218
    UPDATED: 36 min ago
    $1,500,000
    • 10
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,917
      SQFT
    • $305
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    I am pleased to present the opportunity to acquire 1746 South La Brea Avenue, a six-unit apartment community in Mid-City. 1746 South La Brea Avenue is situated just south of Venice Boulevard within the Mid-City submarket in a dense infill pocket of Los Angeles. The well-maintained property built in 1958 consists of two one-bedroom units and four two-bedroom units. Its 5,796 square foot lot is located within a highly desirable pocket of Mid-City Los Angeles. It is walking distance to the main intersection of La Brea Avenue & San Vicente Boulevard providing convenient access to daily errands, retail and entertainment venues. The property features nine on-site parking spots(five covered & four uncovered).The continued gentrification of the surrounding area along with the remaining value add potential for a new owner to renovate the building to achieve superior future returns moving forward makes 1746 South La Brea Avenue an excellent investment opportunity.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-19T17:42:48.86. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/115253429
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    1746 S La Brea Ave Los Angeles, CA 90019

    • Price: $1,500,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 21-707218
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    4,917
    SQFT
    $305
    $/SQFT
    1958
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    I am pleased to present the opportunity to acquire 1746 South La Brea Avenue, a six-unit apartment community in Mid-City. 1746 South La Brea Avenue is situated just south of Venice Boulevard within the Mid-City submarket in a dense infill pocket of Los Angeles. The well-maintained property built in 1958 consists of two one-bedroom units and four two-bedroom units. Its 5,796 square foot lot is located within a highly desirable pocket of Mid-City Los Angeles. It is walking distance to the main intersection of La Brea Avenue & San Vicente Boulevard providing convenient access to daily errands, retail and entertainment venues. The property features nine on-site parking spots(five covered & four uncovered).The continued gentrification of the surrounding area along with the remaining value add potential for a new owner to renovate the building to achieve superior future returns moving forward makes 1746 South La Brea Avenue an excellent investment opportunity.
    Exterior Features

    Lot Size Area 5796 Other Structures None Parking Garage Covered Parking Total Parking 9

    Interior Features

    Baths Total 8.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 452504 Gross Income 81468 Gross Operating Income 82024 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 37689.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 44335 Type Of Units Residential Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-19T17:42:48.86. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    74199 El Paseo, Suite 200
    Palm Desert CA, 92260