1511 Corinth Avenue, Los Angeles, CA 90025
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- MLS#: PW25024849 ( Commercial/Residential )
- Street Address: 1511 Corinth Avenue
- Viewed: 3
- Price: $2,450,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1959
- Bldg sqft: 0
- Days On Market: 30
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90025
- Provided by: Greysteel California, Inc.
- Contact: Everett Everett
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DescriptionSituated in one of Los Angeles most desirable rental submarkets, 1511 Corinth Ave presents a unique value add West LA opportunity just south of Wilshire Blvd and adjacent to Brentwood. The property consists of eight units, including (4) one bedroom, one bath units, (3) two bedroom, one bath units, and (1) studio, spanning 6,277 square feet on a 7,000 square foot [Q]R3 1 zoned lot. Originally built in 1959, the building offers investors approximately 38% upside in rents, making it an attractive long term asset in this highly sought after location. This is one of a 4 property, 37 Unit Westside portfolio which may be delivered individually or collectively. The other addresses are: 1320 S. Carmelina Avenue (9 Units), 3310 S. Keystone Avenue (10 Units), and 3636 S. Keystone Avenue (10 Units).
Property Location and Similar Properties
Features
Building Area Total
- 6277.00
Commoninterest
- None
Common Walls
- No Common Walls
Country
- US
Days On Market
- 26
Entry Location
- Front
Garage Spaces
- 8.00
Insurance Expense
- 6694.00
Laundry Features
- Community
Lot Features
- 0-1 Unit/Acre
Netoperatingincome
- 114165.00
Parcel Number
- 4261004004
Parking Features
- Carport
Pool Features
- None
Professionalmanagementexpense
- 7319.00
Property Type
- Commercial/Residential
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 431521061:CRM
Totalexpenses
- 64807.00
Trash Expense
- 4836.00
Water Sewer Expense
- 8149.00
Water Source
- Public
Year Built
- 1959
Year Built Source
- Assessor
Zoning
- LAR3