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753 Cole Ave

8 Unit Block of Flats £1,598,993 (£199,874/Unit) Los Angeles, CA 90038

Executive Summary

Great opportunity in Hollywood! 8 Unit building being delivered with 5 vacant units. Or develop! Also the vacant lot next door is available. The two lots together are a great development site! All unit have the same configuration. Each unit is approximately 700 sf. There is a two call garage that can be rented separately. There is a community laundry room that is part of the garage structure.

Property Facts

Price £1,598,993 Building Class C
Price Per Unit £199,874 Lot Size 0.14 AC
Sale Type Investment Building Size 5,928 SF
Sale Conditions Deferred Maintenance Average Occupancy 37%
No. Units 8 Number of Floors 2
Property Type Residential Year Built 1934
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low Rise
Price £1,598,993
Price Per Unit £199,874
Sale Type Investment
Sale Conditions Deferred Maintenance
No. Units 8
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Building Size 5,928 SF
Average Occupancy 37%
Number of Floors 2
Year Built 1934
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Site Amenities

  • Laundry Facilities
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Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 5533-034-002 Improvements Assessment £82,813
Land Assessment £44,860 Total Assessment £127,673

PROPERTY TAXES

Parcel Number
5533-034-002
Land Assessment
£44,860
Improvements Assessment
£82,813
Total Assessment
£127,673

zoning

Zoning Code LAR3 (Five Or More Units Or Apartments)
LAR3 (Five Or More Units Or Apartments)
(424) 293-1266

Contact

  • Listing ID: 32785878

  • Date on Market: 24/06/2024

  • Last Updated:

  • Address: 753 Cole Ave, Los Angeles, CA 90038

The Residential Property at 753 Cole Ave, Los Angeles, CA 90038 is currently available for sale. Contact Advantage Real Estate for more information.

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753 Cole Ave
(424) 293-1266 x

753 Cole Ave

David Rosenfeld

(424) 293-1266

(424) 293-1266

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