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1984 Park Grove Avenue #B1
USD 4,995,000
Property ID: 23307391
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1984 Park Grove Avenue #B1 ,90007
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icon 5939 SqFt
icon Built in 1912
icon USD 841/SqFt
icon 9 Beds
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
9
Bathrooms
0
Interior Size
14549
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1912
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Detailed Introduction Of This Home
1984 Park Grove is located inside of the desirable USC Patrol Zone, where the university deploys a 24/7/365 security team for student safety. At list price, it is being offered at an attractive $192,115 price per unit and an 11.00 GRM on current rents, all while still having 45% rental upside for the next owner. Great sized units with some having beautifully exposed brick and unrestricted views of the Downtown LA skyline, and all units have full kitchens & bathrooms that are separate from the living areas. The units and building systems have undergone extensive capital improvements over the last 5 years. The property has an active and recently serviced fire sprinkler system for all units & levels + fire alarm system, and a burglar alarm system for secured entry and tenant safety. Large on-site laundry room for tenant convenience + additional monthly income. The bottom level has ADU conversion opportunities with in-place electrical & plumbing to convert into (3) ADU's which would turn the building into 29 units and add substantial monthly/annual income.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (10)
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1984 Park Grove Avenue #B1
USD 4,995,000 9 Beds
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