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$ 4,899,000
Est. payment | /mo
13,396 SqFt
$ 4,899,000
Est. payment | /mo
13,396 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 13,396 sqft
Price per Sqft $365
MLS Listing ID CL25591525
HOA Y/N No
Year Built 1978
Lot Size 0.304 Acres
Acres 0.3
Property Sub-Type Other
Property Description
Two-story prime Studio City building. Excellent location next to a quiet residential neighborhood. We have a preliminary cost segregation study done. The company estimates that the new buyer will be able to write off between $600k and $900k the first year of ownership due to the new tax bill that allows 100% depreciation write off. This will save your buyer thousands. Back 8 covered carports in alley could be a good candidate to build 4 ADUs. Each unit has a spacious balcony. Some with great views. There have been thoughtful upgrades to the landscaping, and hardscape elevating the curb-appeal of this property. 26 total covered parking spots. There is a converted finished office/studio in the garage area with access ready for toilet/drainage and water supply. Updated laundry room with 2 coin-op drum washers and 2 coin-op stack dryers. There are 2 large 3-bedroom 2.5 bath townhouse units with washer/dryers. They both have private front yards. Six of the eight 1 bedroom 1 bath units have been completely upgraded with a mix of veneer wood and vinyl flooring. Three of the four 2-bedroom 2 bath units have been completely upgraded and are appointed similarly to the upgraded 1 bedroom units. Each unit has a ceramic log natural gas fireplace with wall switch ignition.The building is a mix
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Heat Pump
Flooring Carpet
Fireplace No
Exterior
Utilities Available Other Water/Sewer
View Y/N false
View None
Building
Sewer Other
Water Other
New Construction No
Others
Tax ID 2362011030
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Listed by Derrick Ruiz • eXp Realty of Greater Los Angeles
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