Condominium buy in Leimert Park California

We are pleased to present this 13 unit offering located in an excellent Western Heights location between Koreatown and Mid-City. The property has an excellent unit mix consisting of (10) 1 Bed/1 Bath, (1) 2 Bed/1 Bath, and (2) Single units. Two of the units are newly constructed ADU's that include a single and a 1 Bed/1 Bath, both of which have A/C, new appliances, and high-end finishes. The subject property sits on an 8,563 square foot lot zoned LAR3 and was built in 1963. The building is well maintained and features on-site laundry and 9 parking spaces, 6 of which are covered spaces. There is NO soft story parking required. There is significant upside in rents making this an excellent value-add opportunity for an investor. This investment benefits from an excellent Western Heights location that has continued to experience tremendous growth with new shops, dining, and entertainment venues within walking distance. The St. Andrews location is adjacent to the popular Koreatown submarket and a short commute to the 10 fwy giving easy access to the West Side and Downtown Los Angeles. MLS® ID: 22204673 Listed: 10/2/22 Updated: 10/16/22 Interior Features Kitchen Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Dryer, Washer Total Bedrooms: 14 Total Bathrooms: 13 Interior Features: Storage Laundry Description: Common Area Fireplace: None Cooling: Wall/Window Unit(s) Exterior/Building Features Lot Size: 8,741 ft2 lot Architectural Style: Mid-Century Modern Sewer: Other Other Property Details Area Name: C16 - Mid Los Angeles HOA Amenities: Gated Garage: Yes Parking: Assigned, Concrete, Covered, Direct Access, Driveway, Garage, None Parking Total: 9.0 View: Y County: Los Angeles Pool: No Pool Description: None Total Stories: 2 Zoning: LAR3 Courtesy of Lyon Stahl Investment Real Estate, Inc., William James, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/16/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.