1954 PARK GROVE Avenue, Los Angeles (City), CA 90007

$925,000
4
BD
4
BA
3,688
SqFt
List Price
$925,000
Days on Market
11
Status
ACTIVE
MLS#
19508932
Bedrooms
4
Bathrooms
4
Living Area
3,688
Year Built
1921

Property Description

We are pleased to offer for sale this four (4) unit multifamily investment opportunity located at 1954 Park Grove Avenue, just a short distance from the internationally renowned University of Southern California (USC). This two-story building, consisting of one single structure, was constructed of wood frame and stucco on a raised foundation built in 1921 with a square footage of 3,688 on a 6,520-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of four (4) 1-bedroom +1-bathroom units. The subject property is 75% occupied, and is subject to the City of Los Angeles rent control regulation.The investment boasts spacious floor plans, four (4) large storages/ garages , on-site parking, recently painted, and individually metered for gas and electricity.

Additional Information

Area
Downtown L.A. (C42)
Stories
2
Interior Features
Other
Heating
Other
Cooling
Other

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Courtesy of BRC Advisors- BH, Davis Saadian - CA BRE#01921748

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