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Otra propiedad residencialNúmero de MLS: #23-339917
Attention 1031 exchange funds and astute investors! An unparalleled investment opportunity awaits in the heart of Los Angeles at 198 S Commonwealth Ave, a well maintained building with pride of ownership, updates and upgrades which include, mini split HVAC in some units, updated units, stainless steel appliances. Presenting a prime commercial property in the thriving Wilshire Center district, where cultural diversity and urban vitality intersect. This strategically located asset offers tremendous potential for savvy investors seeking to maximize their 1031 exchange funds. Embrace the dynamic spirit of this bustling neighborhood, where a myriad of shops, eateries, and businesses flourish, ensuring a steady flow of foot traffic and consumer demand.Set your sights on the endless possibilities this property holds. With its proximity to renowned Korean barbecue restaurants, trendy cafes, and specialty stores, capitalize on the vibrant retail landscape that has made this district a sought-after destination for locals and visitors alike. Transportation convenience further enhances the investment appeal. Multiple bus lines and the Wilshire/Vermont Metro station offer seamless connectivity, facilitating easy access for patrons from across the city. This accessibility, coupled with the neighborhood's central location, ensures strong demand and long-term growth potential. 100% Occupied. Rent Control Rent Increase freeze is being lifted in February 2024 with a 4% allowable rental increase. All tenants are on month to month. Historically low to no vacancies. Pictures are from various units in the building from the recent past. SqFt of units is estimated. Drive by only! DO NOT disturb tenants.Características de la propiedad
Antigüedad: | Más de 50 años de antigüedad |
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Estilo arquitectónico: | Otro |
Sistema de refrigeración: | Ventilador de techo, Equipos de aire acondicionado de ventana |
Pisos: | Pisos de maderas nobles, De baldosas |
Área del lote: | 0.17 Acres |
Tipo de tejado: | Desconocido |
Habitaciones: | Dormitorio |
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Escuela primaria
COMMONWEALTH AVENUE ELEMENTARY SCHOOL
0.1
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LAFAYETTE PARK PRIMARY CENTER
0.4
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Escuela secundaria (ciclo básico)
VIRGIL MIDDLE SCHOOL
0.4
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Escuela secundaria (ciclo superior)
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF GLOBAL STUDIES
1.6
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BELMONT HIGH SCHOOL
1.4
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MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF BUSINESS & TOURISM
1.6
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MIGUEL CONTRERAS LEARNING COMPLEX - ACADEMIC LEADERSHIP COMMUNITY
1.6
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ROYBAL LEARNING CENTER
1.8
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MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF SOCIAL JUSTICE
1.6
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Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
---|---|---|---|---|
Camino Nuevo Charter Academy #2 | 0.3 mi | Public | KG-8 | D |
Dr. Sammy Lee Medical And Health Science Magnet | 0.3 mi | Public | KG-5 | B |
New Village Girls Academy | 0.3 mi | Public | 9-12 | C+ |
Central City Value | 0.4 mi | Public | 9-12 | B |
Camino Nuevo High #2 | 0.4 mi | Public | 9-12 | B |
Vista Charter Middle School | 0.4 mi | Public | 6-8 | D |
New Horizon School-los Angeles Campus | 0.5 mi | Private | PK-5 | |
Pilgrim School | 0.5 mi | Private | PK-12 | |
Frank Del Olmo Elementary School | 0.5 mi | Public | KG-5 | B- |
New Covenant Academy | 0.5 mi | Private | KG-12 | |
Citizens Of The World Charter School Silver Lake | 0.6 mi | Public | KG-8 | C+ |
Equitas Academy 6 | 0.6 mi | Public | KG-4 | |
Rise Kohyang Elementary School | 0.6 mi | Public | KG-1 | |
Rise Kohyang High School | 0.6 mi | Public | 9-12 | A |
Young Oak Kim Academy | 0.6 mi | Public | 6-8 | D+ |
Rise Kohyang Middle School | 0.7 mi | Public | 6-8 | B- |
Harold Mcalister High (opportunity) | 0.7 mi | Public | 6-12 | D- |