$4,450,000
10 bed
10,858 Sqft
12,504 Sqft lot
650 S La Jolla Avenue, Los Angeles, California 90048
- Residential Income Property Type
- 34 Days Time on market
- $410 Price per sqft
- 1928 Year Built
Property Description
650 S La Jolla Avenue is a 10-unit multi-family apartment complex featuring 1,100sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has RTI permits for two 1bd/1bth ADUs through a carport conversion. Upon completion of the ADUs, the property will have a 13x GRM and an in-place 5.4% cap rate, with a 30% upside in existing unit rents. The building features a new 400amp main panel. Each unit is separately metered for electricity and gas.
Basic Details
Residential Income
Buy
24371201
$4,450,000
10
10,858 Sqft
1928
12,504 Sqft
Active
Condos/Co-ops
Features
: Central
: Dryer, Refrigerator, Washer
: Gated
10
$0
: Other
Address
CA
Los Angeles
Los Angeles
90048
650 S La Jolla Avenue
650
Avenue
0
W119° 37' 55.7''
N34° 3' 52.2''
S
Additional Information
34
0
10
: Multi/split
: Stacked
10,858 Sqft
0 Sqft
0 Sqft
0.29 Sqft
12,504 Sqft
1
0 Sqft
LAR3
5510028013
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
26/03/2024 12:26:40
$4,500,000
: Standard
Wilshire and La Jolla Ave.
Destrahan
Harry Hurst
Paloma Realty Partners, Inc.
Adam Kanizo
CLW-X80545
CLW-C132313
$0
4.3
10
: Wood
1
1
0
0
1
: Doubledoorentry
1
1
10
Security Gate,Gated Community,Smoke Detector(s)
275460
US-06037-N-5510028013-R-N
26/03/2024 19:39:10
La Jolla
C19 - Beverly Center-Miracle Mile
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