2010 Stanford Avenue , Los Angeles, CA 90011
Los Angeles, CA 90011
Description
A unique opportunity to acquire two contiguous parcels zoned LA-R2 within a designated Opportunity Zone. Comprised of three separate structures totaling 11,686sf in size, it includes a vacant house, a 4 unit multifamily, and a three story industrial building that has rooftop access with unobstructed views of Downtown LA. The entire property sits on a 12,008sf (.27 acres) corner lot w/ 150’ frontage and alley access, providing a tremendous value add opportunity for a local and experienced investor/developer to reposition or redevelop the property. The corner house is a 3bed/1.5 bath craftsman w/ a finished second floor, and is currently vacant. The industrial building is also delivered vacant and available for a potential owner/user. The 4 units are all 1 bedrooms, and one unit will be delivered vacant. The other three are currently occupied w/ MTM tenancy at below market rents. Good Location south of the 10 fwy, east of the 110 fwy, and 2 miles to USC, Exposition Park, Downtown LA, the fashion district, LA Live, Restaurants & Shops.
Details
| MLS# | OC25036713 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1912 |
| Days On Site | 60 |
| Listing Provided By | Nohco Real Estate 213-804-7647 | Brian Noh |
Features
| SQ Feet | 11,689 |
|---|---|
| Story(s) | 3 |
| Units | 6 |
| Building(s) | 3 |
| Zoning | R2 |
| Acreage | 0.28 |
Market Activity 90011
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90011 |
| Area | C42 Downtown L.A. |
| Listing VS Median (In 90011) | |
Price: $2,200,000 low | high Med: $780,000 SqFt: 11,689 low | high Med: 1,803 $ / SqFt: $188 low | high Med: $433 On site: 60 low | high Med: 53.000000 | |