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716 Columbia Avenue

Los Angeles, CA 90017
  • $1,299,000
  • STATUS: ACTIVE
  • ON SITE: 409 Days
  • ID#: PW20186039
UPDATED: 21 min ago
$1,299,000
  • 5
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1890
County:

School Ratings & Info

Description

GET READY DEVELOPERS! Seldom does the opportunity come to obtain a prime location where this aging residential building sits. Just feet from bustling 7th street and the ever-growing westward commercial and residential expansion of downtown, this property and its 5,516 square feet of lot space is ready for your vision and creativity. Note that while tax rolls state SFR, property is actually a three unit building comprised of (2) two bed / 1 bath units and (1) one bed / one bath unit on the side of the building. Buyer to conduct their own diligence and satisfy themselves on zoning, permits, and suitability for future development. Seller is a trust and will sell property as part of a 1031 tax-exchange at no additional expense to buyer. GET READY DEVELOPERS! Seldom does the opportunity come to obtain a prime location where this aging residential building sits. Just feet from bustling 7th street and the ever-growing westward commercial and residential expansion of downtown, this property and its 5,516 square feet of lot space is ready for your vision and creativity. Note that while tax rolls state SFR, property is actually a three unit building comprised of (2) two bed / 1 bath units and (1) one bed / one bath unit on the side of the building. Buyer to conduct their own diligence and satisfy themselves on zoning, permits, and suitability for future development. Seller is a trust and will sell property as part of a 1031 tax-exchange at no additional expense to buyer.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.welcometosandiegorealestate.com/homes/109790073
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716 Columbia Avenue Los Angeles, CA 90017

  • Price: $1,299,000
  • Status: ACTIVE
  • Updated: 21 min ago
  • ID#: PW20186039
5
Beds
0
Baths
0
½ Baths
0.13
Acres
1890
Built
Neighborhood:
Los Angeles (90017)
County:
Los Angeles
Area:
Los Angeles (90017)
Property Description
GET READY DEVELOPERS! Seldom does the opportunity come to obtain a prime location where this aging residential building sits. Just feet from bustling 7th street and the ever-growing westward commercial and residential expansion of downtown, this property and its 5,516 square feet of lot space is ready for your vision and creativity. Note that while tax rolls state SFR, property is actually a three unit building comprised of (2) two bed / 1 bath units and (1) one bed / one bath unit on the side of the building. Buyer to conduct their own diligence and satisfy themselves on zoning, permits, and suitability for future development. Seller is a trust and will sell property as part of a 1031 tax-exchange at no additional expense to buyer. GET READY DEVELOPERS! Seldom does the opportunity come to obtain a prime location where this aging residential building sits. Just feet from bustling 7th street and the ever-growing westward commercial and residential expansion of downtown, this property and its 5,516 square feet of lot space is ready for your vision and creativity. Note that while tax rolls state SFR, property is actually a three unit building comprised of (2) two bed / 1 bath units and (1) one bed / one bath unit on the side of the building. Buyer to conduct their own diligence and satisfy themselves on zoning, permits, and suitability for future development. Seller is a trust and will sell property as part of a 1031 tax-exchange at no additional expense to buyer.
Exterior Features

Pool N/K

Interior Features

Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1

Property Features

Annual Expense Actual 16200 Buildings 1 Gross Scheduled Income Actual 32088 Home Owners Fees 0.0 Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 1040.0 Unit2 Rent Actual 707.0 Unit3 Rent Actual 927.0 Zoning Assessor

Listing provided courtesy of The Gordon Professional Group. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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