1
Under Contract

322 S COMMONWEALTH AVE LOS ANGELES, CA 90020

$3,500,000

Listed By Vineendra Jain, Ingenious Asset Group, Inc.

16

Bedrooms

16

Total Baths

Full Baths

11,438

Square Feet

0.20

Acres

1962

Year Built

Active Under Contract

Status

MLS#

22-155357

Probate sale, subject to Court confirmation and overbidding in Court. 12-unit apartment building with parking in Rampart Village! Just a short distance to the Wilshire / Vermont and Vermont / Beverly Metro stations, and easy access to Hollywood Fwy (I-101). For sale AFTER 16 years! Long-term tenants. Over 60% upside in rents. Great unit mix with 8 X large 1 bed 1 bath, and 4 X large 2 bed 2 bath units. Each unit is separately metered for gas and electricity. Soft-story retrofit is not yet done. Buyer to assume responsibility. Property is being sold AS IS and WHERE IS. Buyer to conduct their own investigations.

Details

Year Built
1962
Parking
18
Price / Sq Ft
$306
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
47 Days
Acres
0.2019

Listing Office Ingenious Asset Group, Inc., 310-331-8552

MLS# 22-155357

Updated 6:16PM - 7/1/2022

Listing Agent Vineendra Jain, 310-207-2288

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2022 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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