Price
$ 3,450,000
$350,000 Price cut

6753 SELMA Avenue, Los Angeles, CA 90028  

6753 SELMA Avenue, Los Angeles, CA 90028  

$350,000 PRICE REDUCTION! We are pleased to present The Selma Apartments. We believe the unique circumstances of the offering (DELIVERED FULLY VACANT & C-4 ZONING) allow for three distinct investment strategies. #1 - Asset Conversion Play - The Selma Apartments offer a opportunity for an investor to reposition the asset and convert it into an assortment of uses. The property is zoned C-4, allowing it to be converted into a number of possibilities, including but not limited to: office, medical and retail space as well as hospitality, to name a few (buyer to verify). #2 - Multi-Family Apartment Play - The property will be delivered fully vacant. The vacancy allows for a unique opportunity for an investor to renovate and rebrand the property and bring all units to market rent. #3 - Development Play - Zoned LAC4, this parcel presents a promising opportunity for a developer to build, by right, 15 apartment or condo units in a very dense rental pocket of Hollywood (buyer to verify).

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Listing Type
Multi-Family
Listing ID
17240432
Lot Size
6,254.00 sqft
Listing Status
Active
Year Built
1959
County
Los Angeles
Floors
2
Units
11
Zoning
LAC4
TaxID
5547013014
Listing courtesy of Jonathan Prakash~Keller Williams Silicon Beach
Price History
Get price alerts on price change
Date Event Change Price
8/28/2017 Price change $-350,000 (-9.2%) $3,450,000
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    Listing Information Provided By:
    RE/MAX ESTATE PROPERTIES
    9454 Wilshire Blvd Ste 600 Beverly Hills, CA 90212 | Phone: (310) 559-5570
    RE/MAX ESTATE PROPERTIES is licensed in the state of California CalBRE License #: 01879720
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.