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12127 Figueroa Street
Los Angeles, CA 90061
Edge of Town Motel · Services hôteliers Propriété À vendre
·
5 Pièces
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Faits saillants de l'investissement
- Land cost of $44.16/SF
- 27,206 SF of land across contiguous parcels
- Potential to renovate apartments and add many ADUs
- Potential seller financing on the asset
Résumé de l'annonce
Kingside Investment Group is proud to present a development (redevelopment) offering consisting of two adjacent parcels located at 503 W. Athens Boulevard (90044) and 12127 S. Figueroa Street (90061) in South Los Angeles. Together, the sites total 27,206 square feet of R3-1 zoned land with 4,753 square feet of existing improvements, making this a compelling redevelopment or long-term hold opportunity.
Per Zimas the parcel that is on Figueroa Street consists of five (5) units total with 8-bedrooms and 5-bathrooms. It appears in the permits that there may be another 2 units that have been added and not accounted for (buyer to verify). At this time, it is completely vacant and in the process of being trashed out. This building is a legal apartment building.
The front structure is just a shell and needs a full renovation. This was once a 10-key motel but cannot be run as such anymore. A new investor will have to come in with some vision and potentially add ADUs to the property. There may be an option for seller financing on this deal. Call agent to discuss...
Per Zimas the parcel that is on Figueroa Street consists of five (5) units total with 8-bedrooms and 5-bathrooms. It appears in the permits that there may be another 2 units that have been added and not accounted for (buyer to verify). At this time, it is completely vacant and in the process of being trashed out. This building is a legal apartment building.
The front structure is just a shell and needs a full renovation. This was once a 10-key motel but cannot be run as such anymore. A new investor will have to come in with some vision and potentially add ADUs to the property. There may be an option for seller financing on this deal. Call agent to discuss...
Faits sur la propriété
Commodités
- Accès Internet à haute vitesse
- Accès Wi-Fi public
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 959 605 $ CAD | |
| Évaluation du terrain | 1 535 410 $ CAD | Évaluation totale | 2 495 015 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
1 535 410 $ CAD
Évaluation des bâtiments
959 605 $ CAD
Évaluation totale
2 495 015 $ CAD
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