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    442 S Lake Street

    Los Angeles (City), CA 90057
    • $7,995,000
    • STATUS: Active
    • ON SITE: 117 days
    • ID#: 21736620
    Price Reduced
    UPDATED: 59 min ago
    $7,995,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2010
    County:

    School Ratings & Info

    Description

    Excellent 1031 Exchange opportunity with substantial future upside - 15 unit building centrally located between 3rd & 6th St. Great mix of 2 and 3 bedroom apartments that were originally designed as condos. Potential transition into condos possible, to be explored further by buyer. Broker makes no guarantees. Several units have been meticulously upgraded with high quality finishes throughout. Detailed Financials available to qualified Buyers. Seller financing possible.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T13:34:06.253. 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 The Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
    www.thenajargroup.com/homes/117701943
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    442 S Lake Street Los Angeles (City), CA 90057

    • Price: $7,995,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 21736620
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    2010
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Excellent 1031 Exchange opportunity with substantial future upside - 15 unit building centrally located between 3rd & 6th St. Great mix of 2 and 3 bedroom apartments that were originally designed as condos. Potential transition into condos possible, to be explored further by buyer. Broker makes no guarantees. Several units have been meticulously upgraded with high quality finishes throughout. Detailed Financials available to qualified Buyers. Seller financing possible.
    Exterior Features

    Parking Features Gated

    Interior Features

    Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Gross Income 374152 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 233047 New Taxes Expense 54770 Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar4

    Listing provided courtesy of Gregory of The Dean Company


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T13:34:06.253. 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 The Najar Group | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The Najar Group | Keller Williams Realty
    1014 Broadway Ste C
    El Cajon CA, 92021