$3,779,520
$3,750,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
1839 CORINTH AVE Los Angeles, CA 90025
7,379 Sqft Lot
Key Details
Sold Price $3,779,520
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22145399
Sold Date 05/14/22
HOA Y/N No
Year Built 1962
Lot Size 7,379 Sqft
Property Description
Selling price reflects Buyer paying all broker commissions. First time on the market in over 40 years! A Value-Add Investor's Dream - 1839 Corinth Ave is a rare 10 unit, investment opportunity ideally located in one of the most desirable westside locations, one block from the popular Sawtelle Japantown strip. Boasting an outstanding WalkScore of 93, this provides residents an abundance of walking distance amenities, countless dining options, entertainment venues, & shopping. Additionally, the location is central to major employment hub offering high-paying jobs, not to mention some of California's best beaches.1839 Corinth Ave is the quintessential diamond in the rough, with the current owner having completed significant capital improvements such as newer roof, copper plumbing, and earthquake seismic retrofit which allows for a buyer to concentrate on renovations that can purely move the needle rent wise. Building also features a secured gated entry with on-site parking and laundry facilities. The 6,342 of living space offers a unit mix of 8 one bedroom units, 1 two bedroom and 1 bachelor. This asset allows the blank slate and flexibility to renovate the 6 vacant units and beautify the building facade for the ability to achieve some of the strongest rents in Los Angeles. The perfect investment for active investor, looking for strong, risk-mitigated returns and long-term appreciation.
Location
State CA
County Los Angeles
Area Wla - West Los Angeles
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Fireplace No
Laundry Common Area
Exterior
Parking Features Attached Carport, Covered, Carport, One Space, Uncovered
Pool None
Total Parking Spaces 12
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4261022008
Financing Cash
Special Listing Condition Standard
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Bought with Benjamin J. Hsiang Realty Investment Advisors, Inc.