107 S Sweetzer Avenue

    Los Angeles (City), CA 90048
    • $25,900,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 18401264
    UPDATED: 47 min ago
    $25,900,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 55,295
      SQFT
    • $468
      $/SQFT
    Type:
    Multi-Family
    Built:
    2008
    County:

    School Ratings & Info

    Description

    Luxury non-rent control property in a Prime Los Angeles location adjacent to Beverly Hills and West Hollywood a few blocks East of The Beverly Center. The property consists of 29-3 BR + 2.5 baths & 1-1 BR + 1 bath non-conforming unit. The property was built in 2008 and the total building size = 55,295 sq.ft. Large, spacious units that average 1,680 sq.ft. each. Washers and dryers included in each unit. The property is well-maintained and there is upside in the current rents. Final tract map recorded but needs to be updated. Potential to build additional 7 units plus rec. room where the courtyard is currently located. Rare opportunity to own a trophy asset with significant upside in one of the most prime locations in all of Los Angeles.

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    Based on information from CARETS as of 2018-11-15T08:44:29.52. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.goldenpalmproperties.com/homes/88904320

    107 S Sweetzer Avenue Los Angeles (City), CA 90048

    • Price: $25,900,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 18401264
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    55,295
    SQFT
    $468
    $/SQFT
    2008
    Built
    Neighborhood:
    Beverly Center-Miracle Mile (C19)
    County:
    Los Angeles
    Area:
    Beverly Center-Miracle Mile (C19)
    Property Description
    Luxury non-rent control property in a Prime Los Angeles location adjacent to Beverly Hills and West Hollywood a few blocks East of The Beverly Center. The property consists of 29-3 BR + 2.5 baths & 1-1 BR + 1 bath non-conforming unit. The property was built in 2008 and the total building size = 55,295 sq.ft. Large, spacious units that average 1,680 sq.ft. each. Washers and dryers included in each unit. The property is well-maintained and there is upside in the current rents. Final tract map recorded but needs to be updated. Potential to build additional 7 units plus rec. room where the courtyard is currently located. Rare opportunity to own a trophy asset with significant upside in one of the most prime locations in all of Los Angeles.
    Exterior Features

    Building Structure Style Contemporary Parking Spaces Total 72 Parking Type Underground

    Interior Features

    Appliances DishwasherDryerGarbage DisposalRefrigeratorWasher Cooling Type Central A/C Heating Type Central Furnace Interior Features Elevator Total Floors 4 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.5 Unit Number Of Bath02 1.0 Unit Number Of Bed01 3 Unit Number Of Bed02 1

    Property Features

    Adjusted Gross Income 1523339.00 Assessed Improvement Value 16085081.00 Assessed Land Value 6617800.00 Buyer Financing Assumed Country United States Of America Expense Total Annual 472350.00 Gross Operating Income 1523339.00 Gross Rent Multiplier 17.00 Hoa YN N Legal Disclosures Take Property As Is Listing Terms Assumable Lot Size Source Public Records Net Operating Income 1005289.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Public Records Unit Monthly Rent01 4302.00 Unit Monthly Rent02 2200.00 Unit Projected Total Monthly Rent01 4500.00 Unit Projected Total Monthly Rent02 2500.00 Unit Total Monthly Rent01 4302.00 Unit Total Monthly Rent02 2200.00 Unit Type01 29 Unit Type02 1 Units Total In Complex 30 Zoning Lar3

    Listing provided courtesy of Errol Spiro DRE#01187022 of Miller & Desatnik Realty Co..


    Based on information from CARETS as of 2018-11-15T08:44:29.52. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    Golden Palm Properties Inc.
    433 N. Camden Drive, 6th Floor
    Beverly Hills CA, 90210