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$4,995,000
1 bed
2 bath
0 Sqft
6,267 Sqft lot

2195 Whittier Boulevard, Los Angeles, California 90023

  • Residential Income Property Type
  • 11 Days Time on market
  • 1914 Year Built
Property Description

We are proud to present The Lofts, an amazing mixed-use multifamily opportunity located at 2195 Whittier Blvd in Los Angeles, California. This unique mixed-use opportunity comprised of (16) apartment units above (5) retail stores fronts in one distinct two-story building inspired by the famous Flatiron Building in New York City.

The building was constructed in 1916 of reinforced brick and concrete and highly renovated in 2020 and, now this architectural building encompasses an impressive ±15,244 building square feet situated on one parcel totaling ±6,267 square feet offering a zoning of LAC2. The apartment units are currently master metered for utilities which provides an opportunity for a savvy investor to implement a RUBS program to offset operating costs.

The highly updated units are impressive and the open floor plans resemble that of a swanky New York flat. The Lofts offer a diverse unit mix consisting of (7) loft-style studio + One-Bath Units & (9) One-Bedroom + One-Bath Units. Many of the units have been highly renovated, offering exposed brick walls, newly installed picture windows with, drenching the units with natural light while providing views of the Downtown LA skyline and famous 6th St Bridge. From the fully remodeled kitchens and baths to the recessed lights and sliding barn doors, no corner was left untouched and the attention to detail is unmatched, creating a waiting list of prospective tenants.

Though a lot of the heavy lifting has been completed, the property still offers immense room for growth through further capital improvements, restructuring of the retails leases and pushing unit rents to market.

(7) Studio + One-Bath

(9) One-Bedroom + One-Bath

(5) Retail Store-Fronts

The Arts District is known for its unique blend of industrial architecture and contemporary living spaces. Loft-style apartments, converted warehouses, and modern high-rise buildings offer residents a mix of urban chic and industrial charm. Many residential developments in the neighborhood feature amenities such as rooftop decks, fitness centers, and communal gathering spaces. The Arts District’s central location and proximity to Downtown LA make it an attractive choice for young professionals, artists, and urban dwellers seeking a dynamic and vibrant urban lifestyle. In summary, the Arts District in Los Angeles is a thriving and dynamic neighborhood that celebrates creativity, culture, and community.

Basic Details
Residential Income
Buy
SR24080652
$4,995,000
1
2
0 Sqft
1914
6,267 Sqft
Active
Mixed Use
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Condos/Co-ops
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Features
: Park, Lake
0
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90023
2195 Whittier Boulevard
2195
Boulevard
0
W119° 46' 53.1''
N34° 2' 9.6''
Additional Information
11
1
3
: Three Or More
0
15,244 Sqft
1
0 Sqft
0 Sqft
0.14 Sqft
6,267 Sqft
1
: 2+ Common Walls
0 Sqft
LAC2
5183022021
$0
$0
$0
$0
$0
$0
0 Sqft
1
0 Sqft
$0
1
22/04/2024 21:54:22
$0
: Standard
Cash,CashtoNewLoan,Conventional,Contract
2195 Whittier Blvd., Los Angeles, CA 90023
Equity Union
Raymond Rodriguez
SR8595008
F207057973
$0
5.79
0
0
1
: Item2125unitsacre
1
1
: Square Feet
yes
1
0
0
0
21
36
Click Here
481298
US-06037-N-5183022021-R-N
MixedUse
23/04/2024 05:08:41
Whittier
BOYH - Boyle Heights
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