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$5,950,000
Est. payment /mo
6,093 Sqft Lot
UPDATED:
10/25/2024 12:25 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24220952
Originating Board California Regional MLS
Year Built 1928
Lot Size 6,093 Sqft
Property Description
La Pasada is a 29-unit apartment community located directly across the street from the downtown courthouse. Featuring new sewer lines, plumbing (1st & 2nd floor), electrical system, roof, windows, the entire 1st floor has been rebuilt form the studs out. These units have central HVAC. The 2nd floor has had all the bathrooms completely remodeled and the balance of the interiors upgraded. The 3rd floor features two common area bathrooms and 11 single room occupancy units which are in good condition. The seller is offering to provide a 70% first note and trust deed, at a 5% interest rate, with interest only payments for the term of the loan.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Laundry Laundry Area, Washer/Dryer - Leased
Exterior
Garage No Parking
Pool None
Building
Water District - Public
Others
Tax ID 7278022040
Special Listing Condition Not Applicable
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Listed by Mike Marcu • Mike Marcu, Broker