1050 South Park View Street Los Angeles, CA ^$ 3,700,000

1050 South Park View Street

^$ 3,700,000

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1050 South Park View Street

Los Angeles, CA, 90006

^$ 3,700,000

Studio Baths0.0 Sq 10,948

Monthly Estimate*

^$ 25,846

1050 South Park View Street, Los Angeles, CA 90006 - Image 1

1050 South Park View Street, Los Angeles, CA 90006 - Image 2

1050 South Park View Street, Los Angeles, CA 90006 - Image 3

1050 South Park View Street, Los Angeles, CA 90006 - Image 4

Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,700,000. This 10,948 square foot home was built in 1923 on a lot size of 0.14.

The Park View 21 consists of 3 street level commercial units + 18 residential studios. Delivered with 3 VACANT residential units, the property provides an owner the opportunity to add immediate value through a renovation and lease-up process. Situated on the Northeast corner of Park View St and 11th St, this building is strategically located in the rapidly changing Pico Union submarket adjacent to Downtown LA. This pocket has become increasingly sought after by tenants for its proximity to Downtown LA, Koreatown, and the high-density composition of the neighborhood. Seller is open to discussing Seller financing scenarios. Contact the listing team for additional information.

Multi-Family Active

Price

^$ 3,700,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.14

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024380519

Features

General

Sewer None

Heating Wall Furnace

Zoning LAC2

Year Built 1923

Levels Two

County Los Angeles

Net Operating Income 192690.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 6289.0

Street Name Park View

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Lot Size Area 6289.0

Building Area Total 10948.0

Lot Size Acres 0.14

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Heating Y/N Yes

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Barak Cassilly

Listing Agent

Kidder Mathews Of California, Inc.

Broker

Affordability Calculator

$25,846

Per Month

Monthly Principal & Interest: $25,846
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,002,342

Percent of Sale Price 46%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2024	$3,700,000		Listed Price

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1050 South Park View Street, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $3,700,000 with 10,948 sqft and a lot size of 0.14. 1050 South Park View Street is a studio with 0.0 baths and was built in 1923. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/16/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1050 South Park View Street

Multi-Family Home for sale in Los Angeles, CA

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