Price Reduction
Address
4537 South Santa Monica Boulevard Los Angeles, CA
Price
$ 3,900,000
Property Attributes
  • MLS#0020610616
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaSilver Lake - Echo Park
  • Zip90029
  • Style
  • Price$ 3,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10,019 SqFt
Listing Provided Courtesy Of:
California Real Property, Inc
Property Description

Price Just Reduced by 25% down from 5,200,000, what an amazing opportunity! Welcome to 4537-4545 S. Santa Monica Blvd., a Ready to Issue (RTI) mixed-use development located in the trendy Virgil Village neighborhood of East Hollywood. The subject offering presents an investor with anexcellent TOC 3 development site totaling +/-34,000 square feet situated on a 9,986 square foot lot. The building features 23 mostly two bedroom residential units with an average size of 755 square feet. +/-6,000 square feet of retail space makes this property ideal for multiple neighborhood uses. This project is also projected to produce an annual gross operating income of $1,080,792. The property is just one block from the corner of Santa Monica Blvd. and Virgil Avenue.

Price History
9/16/2020 Listed $5,200,000
10/27/2020 25% - $3,900,000

General Features

MLS Area C21 - Silver Lake - Echo Park
Senior Community Y/N No
Zoning C2-1D

Exterior Features

Land Lease Type Fee
Lot Size Acres 0.23
Lot Size Area 9986.0
Lot Size Square Feet 9986.0
Lot Size Units Square Feet
View Y/N No
Water Source None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90029

Price
AVG $2.7M
$3.9M
Visits
AVG 20
2
Walkscore
AVG 91
92
Data Provided by Walkscore ® not using MLS data

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