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    1136 S Alvarado Street

    Los Angeles (City), CA 90006
    • $3,450,000
    • STATUS: Active
    • ON SITE: 70 days
    • ID#: 21759946
    UPDATED: 21 min ago
    $3,450,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    Description

    Ponce De Leon Apartments are situated in Pico Union area of Downtown Los Angeles. This is a 24 unit apartment building consisting of (18) Singles and (6) 1 Bedrooms and all units having 1 bathroom. The Building is 16,113 Square Feet. The architectural style is known as "Classical Revival", and it is HPOZ impacted due to its contributing features. This property is also being sold together with contiguous buildable C-2 Lot known as 1132 S. Alvarado Street MLS# 21-760298 (Per city, it can accommodate 23 units by right, 39 units for affordable housing). Buyer to cooperate with seller's 1031 at no cost to buyer. (All information is deemed reliable but not guaranteed, and interested parties should conduct due diligence to verify data.)

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T20:34:01.337. 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 Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
    www.marknazzalrealty.com/homes/119305234
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    1136 S Alvarado Street Los Angeles (City), CA 90006

    • Price: $3,450,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: 21759946
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1910
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Ponce De Leon Apartments are situated in Pico Union area of Downtown Los Angeles. This is a 24 unit apartment building consisting of (18) Singles and (6) 1 Bedrooms and all units having 1 bathroom. The Building is 16,113 Square Feet. The architectural style is known as "Classical Revival", and it is HPOZ impacted due to its contributing features. This property is also being sold together with contiguous buildable C-2 Lot known as 1132 S. Alvarado Street MLS# 21-760298 (Per city, it can accommodate 23 units by right, 39 units for affordable housing). Buyer to cooperate with seller's 1031 at no cost to buyer. (All information is deemed reliable but not guaranteed, and interested parties should conduct due diligence to verify data.)
    Exterior Features

    Architectural Style Other Construction Materials BrickStuccoWood Siding Direction Faces West Entry Location Ground Level W/Steps Parking Features None Pool Features None Pool Private YN No Roof Rolled/Hot Mop Spa Features None Spa YN No View City Lights View YN Yes

    Interior Features

    Accessibility Features None Appliances MicrowaveRefrigeratorDryerWasher Cooling DualWall/Window Unit(S) Cooling YN Yes Heating RadiantSpace Heater Heating YN Yes

    Property Features

    Buyer Financing Cash Community Features Gated Disclosures Historical Gross Income 20400 Laundry Features Laundry Room Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 238539 Possession Negotiable Security Features Fire Detection SystemFirewall(S)Gated CommunityResident ManagerSmoke Detector(S) Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 289992 Vacancy Allowance Rate 0 Zoning Lac2

    Listing provided courtesy of Deric Rangell of Exp Realty Of California Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T20:34:01.337. 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 Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
     
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    Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
    1473 Ford St., Suite 200
    Redlands CA, 92373