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Listed by Mike Marcu • Mike Marcu, Broker
$ 5,950,000
Est. payment | /mo
10,200 SqFt
$ 5,950,000
Est. payment | /mo
10,200 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,200 sqft
Price per Sqft $583
MLS Listing ID CROC24220952
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1928
Lot Size 6,093 Sqft
Property Description
La Pasada is a 29-unit apartment community located directly across the street from the downtown courthouse. Featuring new sewer lines, plumbing (1st & 2nd floor), electrical system, roof, windows, the entire 1st floor has been rebuilt form the studs out. These units have central HVAC. The 2nd floor has had all the bathrooms completely remodeled and the balance of the interiors upgraded. The 3rd floor features two common area bathrooms and 11 single room occupancy units which are in good condition. The seller is offering to provide a 70% first note and trust deed, at a 5% interest rate, with interest only payments for the term of the loan.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Water Public
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Melanie Peterson-Katz
Partner | Lic# 00890767