CA > Los Angeles
Los Angeles, CA 90012,1053 Figueroa Terrace
Los Angeles, CA 90012,1053 Figueroa Terrace
Los Angeles, CA 90012,1053 Figueroa Terrace
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$1,999,000
Est. payment /mo
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11 Beds
8 Baths
Active Under Contract

1053 Figueroa Terrace Los Angeles, CA 90012

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID WS24109540

Bedrooms 11

Property Description

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 & Silverlake areas of Los Angeles,& positioned strategically& conveniently near the #2,5,134,110,&101 freeways,& rapid transit including the Gold Line & bus routes. It is situated in a trendy & up-and-coming strong rental market amidst DTLA, Silverlake,Dodger Stadium,Echo Park & 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 dry walls & 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 boasts an excellent l

Location

State CA

County Los Angeles

Zoning Assessor

Direction N/Sunset, E/White Knoll

Interior

Heating Combination Heating

Cooling Other/Remarks

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

MLS Router / San Diego MLS
Listed by YAN CHOW RE/MAX PREMIER/SANMARINO

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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1053 Figueroa Terrace

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