Property Description

15 Unit apartment building located in Chinatown, Los Angeles. The building was constructed in 1972 with pride of ownership by the long term owner. Its excellent unit mix consists of (1) four bedroom, three bathroom unit, (11) two ­bedroom, one ­bathroom units and (3) one ­bedroom, one ­bathroom units. With a lot size of 9,400 square feet, the property has a total of 12,964 rentable square feet. The property features 6 remodeled units, completion of the City of LA’s safety soft-story retrofit, separate meters for gas and electricity, on site laundry, intercom access, and gated parking. The property has upside in the existing rents. Chinatown is close to Dodger Stadium, Cathedral High School, Philippe’s Sandwiches, Olvera Street and so much more. It’s centrally located with easy access to freeways and walking distance to Union Station for public transportation. The area is full of culture and traditions with several new restaurants and developments to continue it’s desirability and thriving neighborhood.

Residential Income

Street 821 Cleveland
Los Angeles California 90012

Basic Details
Property Type : Residential Income
Status : Active
# of Rooms : 0
# of Bathrooms : 0
SF : 0SF
HOA : $0
Parking : 0
Lot SF : 9,400SF
Lot PPSF : $638
Year Built : 1972
Virtual Tours : Click here
DOM : 0 Days
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