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900 W COLLEGE ST Los Angeles, CA 90012
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Key Details
Sold Price $2,460,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,054 sqft
Price per Sqft $305
MLS Listing ID 19-534576
Sold Date 03/11/20
Bedrooms 19
Year Built 1969
Lot Size 6,808 Sqft
Property Sub-Type Multi-Family
Property Description
900 West College Street, an 8-unit multifamily investment asset located in the culturally dynamic and rapidly developing neighborhood of Chinatown. Located just north of Sunset Boulevard, the subject property is conveniently located near a diverse selection of charming cafes, highly reviewed restaurants and boutique retail destinations. Additionally, its' proximity to the 110 and 101 Freeways provides residents easy access to employment and entertainment hubs throughout the Greater Los Angeles Area. Please note, the townhouse currently serves as the owner's unit and will be delivered vacant upon close of escrow. The units offer a significant value-add opportunity to potential investors, as current rents are approximately 39% below market value for nicely remodeled units in the area.
Location
State CA
County Los Angeles
Area Silver Lake - Echo Park
Zoning LAR4
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Wall
Cooling Wall Unit(s)
Equipment Built-Ins, Range/Oven, Refrigerator
Laundry Community
Exterior
Parking Features Carport Attached
Garage Spaces 10.0
Building
Story 2
Others
Special Listing Condition Standard
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Bought with Compass