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1609 Vineyard Ave, Los Angeles, CA 90019

1609 Vineyard Ave, Los Angeles, CA 90019
$1,100,000

Description

Proudly presenting this well-located Mid-City LA triplex listing at 1609 Vineyard Avenue, LA 90019. Featuring a solid unit mix with one 3+2 unit currently renting for $1,248/mth; a studio unit renting for $625/mth, and a 1+1.5 unit that’s currently vacant with approx. 1,812 total rentable SF. It’s also a large 7,499sf lot, zoned R1.5 allowing an investor to fully redevelop the site with 4 new townhomes/condo units with recent new construction projects selling locally for over $1M/unit presently. A convenient Mid-City location at the heart of the action & walking distance to the Mid-Town Shopping Center with a host of national retailers; restaurants & shops including: Lowe’s; Ross; Chase Bank; PetSmart; Starbucks; Wells Fargo & Panda Express to name a few. Also very close to a large Ralph’s Grocer; CVS Pharmacy, Planet Fitness & the new Target/Sprouts location!

  • City: Los Angeles
  • State/county: CA
  • Country: United States

Detail

Updated on June 17, 2020 at 7:35 am

  • Price: $1,100,000
  • List Date: 6/16/2020
  • Property Size: 1,812 Sq Ft
  • Land Area: 7,499 Sq Ft
  • Year Built: 1917
  • Property Type: Triplex, Multifamily
  • Property Status: Active
  • Numbers of Units: 3
  • NOI: $18,388
  • Price per Unit: $366,667

Contact info

Matt Dunfrund
Matt Dunfrund
(424) 330-2015(310) 367-9666
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