Views
Address
316 Columbia Avenue Los Angeles, CA
Price
$ 1,149,999
Property Attributes
- MLS#0020626742
- TypeIncome
- CountyLOS ANGELES
- CityLos Angeles
- AreaDowntown L.A.
- Zip90017
- StyleContemporary
- Price$ 1,149,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Keller Williams-Santa Monica
Data Source:
California Desert Association of REALTORS
Property Description
Situated just a short distance to Echo Park and downtown, sits this opportunity to have a great building in your portfolio to later develop if wanted.With the ability to build up to 15 units on this large lot, there is tremendous potential given its R3 zoning. Currently 6 units total (4 singles and 2 one bedrooms) with no vacancies or late rents all of which being long term. Two separate structures with plenty of onsite parking (8 total spaces). Below market rents with plenty of upside and low operating costs, one could collect rents while applying for permits and plans. With close proximity to Good Samaritan hospital and New Academy of Science and Art, Gratts Elementary and Primary schools, freeways, downtown, Staples Center, L.A. Live etc. Each unit separately metered for gas and electric. DO NOT DISTURB TENANTS.
| Price History | |
|---|---|
| 9/16/2020 | Listed $1,249,999 |
| 2/12/2021 | 9% - $1,149,999 |
General Features
| Accessibility | Other |
|---|---|
| Architectural Style | Contemporary |
| Heating | Wall Furnace |
| Levels | Multi/Split |
| MLS Area | C42 - Downtown L.A. |
| Parking Features | None, Carport, Driveway, Attached Carport, Covered, Driveway Down Slope From Street, Detached Carport |
| Roof | Composition |
| Security Features | Smoke Detector(s), Gated Community |
| Senior Community Y/N | No |
| Structure Type | None |
| View | City Lights |
| Zoning | LAR3 |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Fireplace Features | Outside |
| Fireplace Y/N | No |
| Heating Y/N | Yes |
| Laundry Features | None, Community |
| Total Stories | 2 |
Exterior Features
| Foundation Details | None |
|---|---|
| Land Lease Type | Fee |
| Lot Size Acres | 0.16 |
| Lot Size Area | 7084.0 |
| Lot Size Square Feet | 7084.0 |
| Lot Size Units | Square Feet |
| Numberofunitsbuildings | 2 |
| Pool Y/N? | No |
| Spa | No |
| View Y/N | Yes |
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 90017
Price
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Year Built
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