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945 S PARK VIEW Street
USD 1,200,000
Property ID: 23304023
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945 S PARK VIEW Street ,90006
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icon 6786 SqFt
icon Built in 1903
icon USD 177/SqFt
icon 6 Beds
icon 6 Full
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Location Street View
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Interior Details
Bedrooms
6
Bathrooms
6
Interior Size
7790
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1903
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Detailed Introduction Of This Home
945 S. Park View is a six (6) unit building in the Westlake/Koreatown submarket. LAR4 + TOC Tier 3 Zoning. Under $150/SF!! The property has been in the same family for 40+ years, is professionally managed, and passed SCEP in 2022. The corner lot is 6,786 SF and zoned LAR4 + TOC Tier 3 and is comprised of three attached duplexes - each very spacious at 2 bedrooms each and average 1,298 SF each. All units operate as 3 bedroom apartments because the formal dining room has a doorway and closets inside. There are laundry rooms, very large kitchens and back doors for all units. Upper units have balconies. All units are separately metered for gas, electric, and units have individual hot water heaters. Long-term tenants are current on rent and paid in full over the past few years. There is no parking, only street parking. This is an excellent opportunity for an investor seeking a "value add" opportunity and a covered land play. With numerous upcoming new developments slated for the area, this property is poised to be an excellent long-term play as units turn and the area continues to improve. Great location near Hoover and Olympic, the Northgate Market, MacArthur Park, and Crypto Arena. Appx 2 miles to USC and DTLA. Appx. 1/2 mile to Mac Arthur Park Metro Purple Line Station.
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Cissy Tang
TEL: (+1)626 9868**** icon
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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 (11)
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945 S PARK VIEW Street
USD 1,200,000 6 Beds
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