19
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$3,000,000
Est. payment /mo
4 Baths
5,403 Sqft Lot
New
331 W 45th Street Los Angeles, CA 90037
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26188226
Lot Size 5,403 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to acquire a well-maintained 20-unit multifamily property offering significant capital improvements and an attractive unit configuration in a highly accessible Los Angeles location. The property features 20 individual single units, with each unit having its own separate, enclosed kitchen room. The property has benefited from substantial infrastructure improvements, providing an investor with the advantage of major building components having already been addressed. Improvements include a complete re-roof, extensive electrical upgrades, new plumbing, updated meter boxes, and newer mechanical components. The electrical system has been extensively upgraded with wiring from the electrical meters to each individual unit, along with electrical meter boxes. The property also features separate electric and gas meters, providing individual utility metering for the units. Plumbing has likewise been significantly improved, with copper plumbing from the meters serving the individual units. The property is equipped with a newer gas water heater and recirculating pump, providing efficient distribution of hot water throughout the building. Security and life-safety features include exterior security cameras and a monitored fire alarm system, providing additional oversight and safety for the property and its residents. Adding to the property's functionality is a large approximately 14' x 38' basement area. This expansive space offers valuable flexibility and may provide potential for laundry facilities, tenant storage, building storage, or other permitted uses, subject to bu
Location
State CA
County Los Angeles
Zoning Assessor
Direction East of the 110 and South of Vernon
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5110003017
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Wendy Morley, DRE#01788681 Pinnacle Estate Properties, Inc.
NEARBY SCHOOL & BUSINESS
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