Historic Multi-Unit Bldg With Amazing Upside Potential
Seller is Accepting offers until 10/1/18

Seller Motivated! Bring All Offers! Great opportunity to own this fully occupied 5 unit building. Property features (2) 2bedroom 1 bath units and (3) 1 bedroom 1 bath units.Property has copper plumbing, updated electrical, recently retrofitted foundation, Brand new Composition shingle roof, Each unit is separately metered for gas and electric, Fire extinquisher's throughout the building, onsite laundry, electric gated parking for 6 cars in rear, & completely gated for added security. The property is a Tudor Revival Designed by Famed Architects, Morgan & Walls(Wiltern Theater, El Capitan), which has been given the ''Historic Preservation'' designation by the city of Los Angeles. Property is located near a park in a great up and coming neighborhood which is great for families with kids.Close to Public transportation,Staples Center, LA Live, And all downtown nightlife. Could be awesome for an owner user. Hurry this one won't last! Drive by Only. Do NOT Disturb tenants! 4 Cap!
New Roof
Updated Electrical
Secure On site Parking
Separately Metered
Copper Plumbing
On site Laundry
Security Fence
HPOV
MLS: SR18098694
Sq Ft: 3932
Yr Built: 1903
Bdrms: 7
Baths: 5
Asking: $1,074,979
Address: 1421 S. Alvarado Terrace
Los Angeles, CA
90006
 
Will Wheaton
Will Wheaton Real Estate
213-445-2277
[email protected]
www.willwheatonrealestate.com
Lic#: DRE 02084619/ NMLS 1670194