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Listing Courtesy Of: Global Platinum Properties, Inc., 424-394-1030, Julio Ruiz
Local Realty Services Provided By: Keller Williams Realty Los Feliz
US / CA / Los Angeles / DTLA / 1036 BEACON AVE
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US / CA / Los Angeles / DTLA / 1036 BEACON AVE
Undisclosed Price
1036 BEACON AVE, LOS ANGELES, CA 90015
18 Beds
11 Baths
sq ft
ac
US / CA / Los Angeles / DTLA / 1036 BEACON AVE
Undisclosed Price

1036 BEACON AVE, LOS ANGELES, CA 90015

18 Beds
11 Baths
sq ft
ac
Sold
Sold
Open House:
See More Open House Schedules

Property Description

Once in a lifetime Now 100% Vacant 4 Fixer Units with preliminary plans to add 3 ADUs sitting on a large 8,000 SF R-3 Lot with Alley Access. This is a great value, priced at only 278k/door for vacant units with a huge upside to a 10.9% Cap Rate and 7.9 GRM after renovations. Individually metered for Gas & Electricity. Excellent location minutes from Koreatown, DTLA, Crypto.com Arena, and LA Live. Potential to build 1 Attached Studio ADU in the basement plus 2 detached 2-stories 1,005 SF 4 Bed 2 Bath ADUs in the back. Price/Unit, Cap Rate, & GRM are based on Total Price for sake of conservatism, which includes construction costs of ADUs.

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1912
Days on Site
1,051 Days
HVAC
Heating: Wall Gas
Parking
2 Parking Spaces
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Activity History

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US / CA / Los Angeles / DTLA /

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