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Subject property has 3 lots total 21 rental units. 222 N. Lake St. APN 5157020044, has 14 units apartment, around 9184 SF building and 10953 SF lot. 226-228 N. Lake St. APN 5157020023, has 3 bungalow houses, around 1584 SF building and 5476 SF lot. 230 N. Lake St. APN 5157020021, has 4 units apartment, around 3268 SF building and 5477 SF lot. Detail rent roll attached. Property being zoned R-4 of Los Angeles City offers an excellent redevelopment opportunity. Three contiguous parcels have a frontage of 160 ft and depth of 136.90 ft, with 21,904 square feet of land. It could be built up to 54 units condominium or up to 73 units apartment with City bonus (Buyer?s responsibility to verify the redevelopment possibility with City). It is in a developed urban area located approximately 1 mile northwest of Downtown Los Angeles. All relevant community services are available in the immediate area surrounding the property. Minutes away from Staple Center, L.A. Live, Nokia Center, Los Angeles Civic Center, LA Convention Center, Dodger Stadium, and a couple medical/hospital centers. It is centrally located in a high density urban area. The neighborhood population is growing with strong on going residential demand. It could be a very profitable development project.
Subject property being zoned R-4 of Los Angeles City offers an excellent redevelopment opportunity. Total three contiguous parcels have a frontage of 160 ft and depth of 136.90 ft, with 21,904 square feet of land. It could be built up to 54 units condominium or up to 73 units apartment with City bonus (it is buyer?s responsibility to verify the redevelopment possibility with LA City). Presently there are 3 lots with structures. 222 N. Lake St. APN 5157020044, has 14 units apartment, around 9184 SF building and 10953 SF lot. 226-228 N. Lake St. APN 5157020023, has 3 bungalow houses, around 1584 SF building and 5476 SF lot. 230 N. Lake St. APN 5157020021, has 4 units apartment, around 3268 SF building and 5477 SF lot. It is in a developed urban area located approximately 1 mile northwest of Downtown Los Angeles. All relevant community services are available in the immediate area surrounding the property. Minutes away from Staple Center, L.A. Live, Nokia Center, Los Angeles Civic Center, LA Convention Center, Dodger Stadium, and a couple medical/hospital centers. It is centrally located in a high density urban area. The neighborhood population is growing with strong on going residential demand. It could be a very profitable development project.
Unbelievably designed by the owner/builder/designer MS Elite General Construction Inc., this brand new organic steel/glass/wood home has 3 bedrooms, 2.5 baths and den. Stunning in finish materials with a warm wood, design, and views, this is a must see. Boasting Huge terraces with Corten fire pit to the downtown and hill views, and a level grassy back yard with its own patio. "One of a kind and the ultimate in contemporary architecture" best describes this masterpiece. State of the art Crestron home automation system operated by iPAD controlling lighting, speaker system throughout the house with central music and central air conditioning. *Front deck is 260 sqft, Master deck is 180 sqft. Garage is 450 sqft.
Hip and Cool in its stunning wood/glass/steel/concrete design this 3 bedroom, 2.5 bath and den 2 story home offers huge terraces with Corten fire pit and breathtaking views of the downtown skyline and surrounding Silver Lake hills. Designed and built by MS Elite General Construction Inc., this home offers a state of the art Crestron home automation system operated by IPAD offers controlled lighting, speaker system, central music and Air conditioning, and WIFI access. It is stunning not only in its design, but in its use of finish materials and even offers a flat back yard and patio for more outdoor entertaining, or yard for the children to play. Come and enjoy. *Front deck is 260 sqft, Master deck is 180 sqft. Garage is 450 sqft.
SILVER LAKE HILLS CONTEMPORARY: Show Stopper! Multi-level home w/high ceilings, open floor plan & breath-taking panoramic views from every room- city lights, downtown skyscrapers & canyon views! Natural light from every direction, over sized windows, Atrium skylight, floor to ceiling sliding glass doors that open the family room to the 420sqft wrap-around deck. This large 3470sqft, completely remodeled by HGTV s Matthew Finlason, boasts 4 BR's, each with own bath. Huge Master BR suite w/walk-in-closet & spa bathroom. Large open kitchen w/new built-in European appliances and breakfast area w/spectacular Redwood Tree slab counter table that must be seen! Raised living room w/separate dining room surrounded by XL view windows is perched among the treetops. This entertainer's architectural masterpiece is a gem w/ 2 car garage, & direct access to LA's historic Silver Lake stairs from the garden patio below, putting the Silver Lake scene just a short walk away to Sunset and Silverlake Blvd.
Beautiful English Style Silver Lake House on Top of the Hill. 24/7 security guard at the community, quiet and resort like surrounding neighborhood, splendid view of Downtown Los Angeles day and night, close to the city of Los Angeles. Large open floor plan home comes with hardwood floor through out, jade cement heated floor at the first floor bedroom, one balcony from Master bedroom with customized large walking closet, spacious living room with fire place, beautiful counter top with Viking stove, built in refrigerator, wine cellar, custom lighting, custom cabinets, custom back splash, custom hood, upgrade restrooms, additional laundry hook ups. Amazing view from back yard with wooden decks, patio, cozy garden, and much more. Your Buyers will love this House.
Excellent opportunity to purchase a 5 bedroom with 2 baths craftsman style home with 4 units in the rear. The 5 units in a great condition with copper plumbing, newer electrical system, tankless water heater, community washer and dryer, 7 year old roof, 5 year old stucco with a bonus room below the craftsman home. The Owner has storage in the main house. Tenants pay their own electricity and water paid by owner for approximately $500 a month for all units. Property maintained by owner and in great condition. Buyer will deliver 1 of the 4 units and bonus room vacant. Buyer to verify specification of property with City of L.A. Property being sold "as is." Drive by only, inspection contingent of offer received.
Amazing Historic Angelino Heights, unique, Gorgeous and Redone Income Property with views of Echo Park Lake, Hollywood Sign and Griffith Park. According to the seller A 5 year 1 million+ meticulous renovation has created this 4-story structure with 30 steel beams and posts, complete code upgrade, per seller, bolting, shear paneling, all new plumbing including 2 sewer lines, all new electrical, 5 HVAC units, partial soundproofing, Per seller, Bonus square footage not included in public records: 1000+sqft finished walk-out basement (built into hill, entrance on ground level) with full bath that could be combined with 1st floor unit and spectacular 3rd floor mother-in-law quarters owners have occupied for years (per seller no C of O as 4th unit)that can easily be combined with 2nd floor unit (both without any structural or cosmetic changes) 2 gas/wood burning fireplaces, 2 car garage plus outside parking, extra storage room and laundry room, plus laundry room in basement as well,fantastic
We are pleased to exclusively present 1016 Laguna Avenue. This five-unit property is located in a highly desirable location in Echo Park California. 1016 Laguna Avenue presents investors the opportunity to acquire a character property which has been mostly renovated, while providing the option for an owner to live in the house while renting out four studio apartments. As evidenced by a 17 percent increase in median home value in Echo Park (90026) within the past year, the subject property is located in an area with extremely high demand.
Location, Location, Location and one of the sexiest, well designed, NON-RENT CONTROL Duplex's right in the heart of Silver Lake! Two sprawling, 2bdrm/3bthrm units flooded w/ abundant natural light. Featuring expansive spanish tile and hardwood flooring throughout, skylights, recessed lighting, stylish stairwells and privatized room layout give this Multi-Family property a truly special feel. Each level's french doors open to patio areas that create a private, treelined indoor/outdoor harmony unequaled in Los Feliz w/ a hot tub to boot! Fully equipped Kitchen's, Washer/Dryers in each unit, Tiled Fireplaces, 4 car garage, side dog run and private storage room. Walk to dog park, reservoir and all shops, cafes and services. A must see!