Price
$ 8,500,000

1801 S FLOWER, Los Angeles, CA 90015  

1801 S FLOWER, Los Angeles, CA 90015  

Rare Opportunity to Acquire a Multi-Family Building in Downtown Los Angeles. Stable Income from Existing 30 Units with Potential Value added Component. Good Unit Mix: (18) 1-Bedrooms & (12)Studios with 6,000 SF Basement (possible to lease for additional income). Corner Location with Great Freeway Visibility. Part of Figueroa Corridor BID. Adjacent to Santa Monica (10) Freeway and the Bob Hope Patriotic Hall. Great Access to (110) & (10) Freeways and the Metro Rail Blue-Line.The basement of the property have few closed unit which will need to be clean out and become rentable to add more income to the property. The earth quick support has been done on property.SWC of Flower St and 18th St

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Listing Type
Multi-Family
Listing ID
SR16017606
Lot Size
7,152.00 sqft
Listing Status
Active
Year Built
1913
County
Los Angeles
Units
30
TaxID
5126009006
Listing courtesy of Soraya Dardashti~Pinnacle Estate Properties, I
Price History
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Date Event Change Price
9/2/2016 Price change $4,000,000 (88.9%) $8,500,000
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    Listing Information Provided By:
    RE/MAX ALLIANCE GROUP
    5556 S Centinala Ave Los Angeles, CA 90066 | Phone: (310) 578-0348
    RE/MAX ALLIANCE GROUP is licensed in the state of California CalBRE License #: 00914603
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.