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  • DESCRIPTION

    Price Reduction! We are pleased to offer for sale this 7 unit building in Highland Park! This opportunity appeals to an investor as it provides tremendous upside potential. Each unit is separately metered for gas and electric. DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY - DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is nestled in one of Highland Park's most quaint neighborhoods - Garvanza! The building is in close proximity to Figueroa retail corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley. This property is near several parks, Highland Park Recreation Center, the Historic Southwest Museum and the 110 freeway.

    KEY DETAILS
    • Price:
    • $1,599,000
    • Bedrooms:
    • 3
    • Square Footage:
    • 5,030
    • Acreage:
    • 0.14
    • Year Built:
    • 1965
    • MLS #:
    • 18329806
    • Street Address:
    • 6307 Elgin St
    • City:
    • Los Angeles
    • State:
    • CA
    • Postal Code:
    • 90042
    • County:
    • Los Angeles
    • Area:
    • Highland Park
    • Listing Status:
    • For Sale - Active

    Building

    • Building Floors:
    • 2
    • Number Of Units:
    • 7
    • Square Footage Source:
    • Vendor Enhanced
    • Total # Of Buildings:
    • 1
    • Total Building Square Footage:
    • 5030
    • Unit1 Bedrooms:
    • 2
    • Unit2 Bedrooms:
    • 1
    • Year Built:
    • 1965

    Business

    • Adjusted Gross Income:
    • 78025.00
    • Net Operating Income:
    • 46643.00

    Land

    • Approximate Lot Size Range Source:
    • Public Records
    • Conforms To Zoning:
    • Lard2
    • Lot Square Footage:
    • 5995

    Listing

    • Days On Market:
    • 223

    Money

    • Price Per Square Foot:
    • 317.89

    Structures

    • Parking Description:
    • Uncovered
    • Parking Spaces:
    • 7

    Systems

    • Cooling System:
    • Wall Or Window Units

    Source

    • Listing Provided By Eric Dilanian of Remax Commercial And Investment Realty (DRE#: 01951699)

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    NOTES

    No notes have been added for this home.

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