Description
650 s la jolla ave is a 12-unit multi-family apartment complex featuring 1,100 sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. the seller has completed two 1bd/1bth adus through a carport conversion and with the new ab1211 law, an investor can add up to 6 more on the lot adding significant value. the building features a new exterior paint job, new 400amp main panel and switchgear, new electrical meters and upgraded sewer. the property has 4 carport spaces with one additional space for storage that can be leased. there are an additional 3-4 spaces on the surface lot. on the property there are 4 basement areas that house shutoff valves, central heating units and extra storage space. the property is conveniently situated near a variety of amenities, including popular restaurants and nightlife resulting in a high rental demand market making it a very appealing investment opportunity. please do not disturb tenants, property occupied please call listing agent for details.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48411392
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 12
Bathroom Information
- Total Baths: 12
- Full Baths: 0
- Half Baths: 0
Cooling Features
- None
- Air Conditioning
Heating Source
- Central
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1928
- Building Area Total: 12,201
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2871
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 12504
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Listing Information
Listing Price Information
- Original List Price: 4,850,000
- Listing Contract Date: 2025-01-15
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5510028013
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C19 - Beverly Center-Miracle Mile
- Postal Code Plus 4: 4819
- Directions: Located just off Wilshire between San Vicente and Fairfax.
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: C19 - Beverly Center-Miracle Mile
Building and Construction
- Property Age: 97
- Property Condition: Updated/Remodeled
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 12201
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 01/26/2025 @ 02:27
- MLS: 25487787
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 12 bedrooms which is for sale, it has 12,201 sqft, 12,504 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90048, this Los Angeles County Home are nearby neighborhoods.