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  • DESCRIPTION

    Conservator-ship / Probate sale. At this time all offers MUST be subject to the courts conformation of the conservators ability to respond to offers. Once conformation of conservator is received any offers must be subject court approval and overbid process. This is a very unusual offering. The subject property currently has 29 rented units with (7) 1 bed + 1 bath, (6) Studio + Bath, and (16) Studio units WITHOUT any bathrooms. The (16) Studio units without bathrooms have access to (4) communal/community bathrooms. This complex was original a hotel. Some time in the past the City of LA allowed a use code was change to Rooming House / Transient Lodging. The building IS master metered, owner pays for water, gas, & electric. The property is offered for sale in current as is, where is, and with all faults condition, without warranties or repairs from Sellers or sellers agents. A walk-thru of a few units will be scheduled in the near future to allow interested parties access.

    KEY DETAILS
    • Price:
    • $3,250,000
    • Bedrooms:
    • 1
    • Square Footage:
    • 9,983
    • Acreage:
    • 0.32
    • Year Built:
    • 1914
    • MLS #:
    • 19421594
    • Street Address:
    • City:
    • Los Angeles
    • State:
    • CA
    • Postal Code:
    • 90026
    • County:
    • Los Angeles
    • Area:
    • Silver Lake
    • Listing Status:
    • For Sale - Active

    Building

    • Building Floors:
    • 2
    • Number Of Units:
    • 29
    • Square Footage Source:
    • Vendor Enhanced
    • Total # Of Buildings:
    • 2
    • Total Building Square Footage:
    • 9983
    • Unit1 Bedrooms:
    • 1
    • Year Built:
    • 1914

    Business

    • Adjusted Gross Income:
    • 16176.00

    Land

    • Approximate Lot Size Range Source:
    • Vendor Enhanced
    • Conforms To Zoning:
    • Lar3
    • Lot Square Footage:
    • 14020

    Listing

    • Days On Market:
    • 9

    Money

    • Price Per Square Foot:
    • 325.55

    Systems

    • Heating:
    • Combination

    Source

    • Listing Provided By Henri O'Bryant of Foster Douglas (DRE#: 00936157)

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    NOTES

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