$5,880,000

2153 W Washington Boulevard

Los Angeles CA, 90018

Description

We are proud to present to market the THREE BUILDING PORTFOLIO of "MIX 26" a residential and commercial mixed compound located at 2153 W. Washington Blvd (built 1907), 2165 W Washington Blvd (built 1924), and 1831 S Oxford Ave (built 1923), Los Angeles CA. The offering consists of 10 commercial spaces (majority month-to-month), 12 large and open second floor residential units with 10 foot high ceilings, large windows, exposed brick exterior walls, all of a variety of unit mixes, and a separate 4 unit apartment behind the main buildings. All told, the asset comprises a total of 24,666 square feet of improvements, per assessor, and is situated on over 25,000+ SF of land on a hard corner, that is zoned mostly LAC2. The APN's included are 5074-015-001, 5074-015-022, and 5074-015-023. Priced at just under $240 per square foot, this asset presents a rare opportunity to purchase a significant corner lot with both an existing value-add and a competitive current cash flow yield.

Details

MLS#19516228
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1907
Days On Site519

Features

SQ Feet24,666
Story(s)2
Acreage0.58
Water FrontNo
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Area Information
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90018
AreaC16 - Mid Los Angeles
Listing VS Median (in 90018)
Price:
$5,880,000
low | high
Med:
$844,500
100% of Average
SqFt:
24,666
low | high
Med:
1,472
100% of Average
$ / SqFt:
$238
low | high
Med:
$578
92.456051135276% of Average
On Site:
519
low | high
Med:
54
100% of Average
Sourced by Back At You
Listing Updated: February 8, 2021 8:28:48 AM PST
Casey Lins LogoMLS Number: 19516228
Listing Provided By:
Casey Lins  of  RE MAX ESTATE PROPERTIES
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