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$ 2,895,000
Est. payment | /mo
14 Beds
10 Baths
8,768 SqFt
$ 2,895,000
Est. payment | /mo
14 Beds
10 Baths
8,768 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,768 sqft
Price per Sqft $330
MLS Listing ID 25523913
Bedrooms 14
HOA Y/N No
Year Built 1948
Lot Size 9,295 Sqft
Property Description
1150 Masselin Ave is a 10 unit building near Miracle Mile in Los Angeles. Offers Assumable Financing at 3.15% Interest Only until 2031! The spacious 1 & 2 bedroom units average to about 877 SF each. 4 out of the 10 units have been renovated, while also offering over 54% rental upside! Brand New Roof Put in 2024. Potential ADU opportunity via SB 1211 (Buyer to Verify). The building is separately metered for gas and electric and has a new 100G water heater. 1150 Masselin has 7 total parking spaces and features a Large 9,295 SF Corner Lot Zoned LAR3.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Heating Electric
Fireplace No
Laundry Common Area
Exterior
Parking Features Covered, Driveway
Total Parking Spaces 7
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5085019018
Special Listing Condition Standard
Listed by Jordan Asheghian • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "