198 s Commonwealth AveLos AngelesCalifórniaEstados Unidos90004
Comercial para Venda localizado em 198 s Commonwealth Ave Los Angeles Califórnia 90004 Estados Unidos com 8 casas de banhoé atualmente para Venda, 198 s Commonwealth Ave Los Angeles Califórnia 90004 Estados Unidos está disponível por 3 000 000 US$ . Se o imóvel localizado em 198 s Commonwealth Ave Los Angeles Califórnia 90004 Estados Unidos não é o que você procura, pesquise Califórnia imóveis para ver mais Comercial para Venda em Los Angeles .
N° MLS: 23-339495
3 000 000 US$ USD
- Espaço mínimo vendível
- 788m² (8 486ft²)
Características do imóvel
Detalhes da construção
- Ano de construção
- 1924
Área
- Tamanho do imóvel
- 788m² (8 486ft²)
- Tamanho do terreno/lote
- 30 100 518m² (7 438ac)
- Casas de banho
- 8
Descrição
Attention 1031 exchange funds and astute investors! An unparalleled investment opportunity awaits in the heart of Los Angeles at 198 S Commonwealth Ave, a well maintained building with pride of ownership, updates and upgrades which include, mini split HVAC in some units, updated units, stainless steel appliances. Presenting a prime commercial property in the thriving Wilshire Center district, where cultural diversity and urban vitality intersect. This strategically located asset offers tremendous potential for savvy investors seeking to maximize their 1031 exchange funds. Embrace the dynamic spirit of this bustling neighborhood, where a myriad of shops, eateries, and businesses flourish, ensuring a steady flow of foot traffic and consumer demand.Set your sights on the endless possibilities this property holds. With its proximity to renowned Korean barbecue restaurants, trendy cafes, and specialty stores, capitalize on the vibrant retail landscape that has made this district a sought-after destination for locals and visitors alike. Transportation convenience further enhances the investment appeal. Multiple bus lines and the Wilshire/Vermont Metro station offer seamless connectivity, facilitating easy access for patrons from across the city. This accessibility, coupled with the neighborhood's central location, ensures strong demand and long-term growth potential. 100% Occupied. Rents are at or near market value with room for growth in monthly income. Rent Control Rent Increase freeze is being lifted in February 2024 with a 4% allowable rental increase. All tenants are on month to month. Historically low to no vacancies. Pictures are from various units in the building from the recent past. SqFt of units is estimated. Drive by only! DO NOT disturb tenants.
Localização
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