1053 Figueroa Terrace,
Home For Sale
Presenting a rare opportunity to acquire this attractive 1992 custom-built and meticulously crafted,5 unit,city view apartment complex. Located adjacent to the iconic Chinatown, Echo Park and Silverlake areas of Los Angeles,and positioned strategically and conveniently near the #2, #5, #134,#110,e freeways,& rapid transit including the Gold Line and bus routes. It is situated in a trendy and up-and-coming strong rental market amidst DTLA, Silverlake,Dodger Stadium,Echo Park and the Financial District neighborhoods with major employers including USC,Good Samaritan Hospital,Paramount Studios,& the Los Angeles Fashion and Arts Districts,& much more.This property offers an excellent opportunity for discerning homeowners or investors to secure a true value-added asset in a highly coveted locale.Comprising 3 stories with a total building size of 7,658 sq.ft. per assessor,all units are spacious & the apartment complex boasts a desirable unit mix including an OWNER unit of approx.2,641 sq.ft.(will be available upon close of escrow with new paint & carpet throughout) featuring a 3br,3.5bth townhome-style front unit with an office /den(could be used as a 4th bedroom),large recreation room, C/A, spacious laundry area, ample storage rooms,a 2-car attached garage. The outside laundry & storage rooms with best possibilities for ADU are utility ready with drywalls & windows.Buyer to Investigate feasibility, seller makes no guarantees and no warranties. The remaining 4 units are an ideal mix of two larger (over 1,100 sq. ft. ea) 3br,2bth U and two good-sized 2-br,1-bth U. Each unit boa
Property Details
Additional Information
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- County:
- Los Angeles
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- Zip:
- 90012
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- MLS® #:
- WS24109540
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- Bedrooms:
- 10
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- Lot Size:
- 0.17
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- Neighborhood:
- LOS ANGELES (90012)
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Listing information last updated on July 29th, 2024 at 2:30am PDT.