945 S Park View Street, Los Angeles, CA 90006

$1,000,000
6
BD
6
BA
7,790
SqFt

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List Price
$1,000,000
Status
ACTIVE
MLS#
26998963
Year Built
1903
Bedrooms
6
Bathrooms
6
Living Sq. Ft
7,790
Lot Size
6,788
Acres
0.16
Days on Market
1
Property Type
Multifamily
Stories
Two Levels

Property Description

Positioned in the core of the dynamic Pico-Union submarket at 945S Park View St, this multi-family property offers an exceptional urban investment opportunity characterized by strong historical character and significant operational upside. Originally constructed in 1903, the low-rise asset features desirable walk-up style apartments with spacious layouts that average almost 1,300 square feet per unit, complemented by classic architectural details such as crown molding and individual unit balconies. Situated on a 6,788 square foot lot with a highly walkable neighborhood score, the location provides tenants with immediate access to local retail, public transit corridors, and nearby employment centers in Downtown Los Angeles and Koreatown. The scheduled gross income is currently $8,174 per month. This is an attractive value-add profile for investors seeking long-term growth in a high-demand rental market

Additional Information

Cooling Description
None
View
None
Sewer
Other
Attached Structure
Detached
Number Of Units Total
6

Listing courtesy of Listing Agent: Jerome McAlpin (jerome@mcalpinco.com) from Listing Office: McAlpin & Company.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.