1319 N BROADWAY, Los Angeles, California
1319 N BROADWAY, Los Angeles, California 90012 - We are pleased to present the opportunity to acquire this value-add Four (4) unit property located in the Los Angeles Chinatown area. This property is located across from the recently re-opened Los Angeles State Historic Park and walking distance to the Chinatown Gold Line Metro Station.This property was built in 1920 and features four one-bedroom, one bath units. Each unit is separately metered for gas & electricity and are equipped with individual hot water heaters. This 2,824 square foot two-story property sits on a 6,262 square foot lot zoned LAC2. This site could potentially be redeveloped into a Fifteen unit multi-family building. Priced at $239/NRSF and $108/SF Lot, this is a unique opportunity to acquire a value-add property with significant upside that is also located in one of the hottest redevelopment areas in the City of Los Angeles. Drive By ONLY. Do not disturb tenants.
Listing Courtesy of ENGEL & VOLKERS Los Angeles
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