Address
821 Cleveland Street Los Angeles, CA
Price
$ 5,500,000
Property Attributes
  • MLS#WS21185591
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaChinatown
  • Zip90012
  • Style
  • Price$ 5,500,000
  • Bedrooms29
  • Full Bathrooms17
  • Half Bathrooms0
  • Sqr Footage12964
  • Lot Size9,400 SqFt
Listing Provided Courtesy Of:
JUDY WOO with MASTERS REALTY - 213-399-2971
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

15 Unit apartment building located in Chinatown, Los Angeles. The building was constructed in 1972 with pride of ownership by the long term owner. Its excellent unit mix consists of (1) four bedroom, three bathroom unit, (11) two ­bedroom, one ­bathroom units and (3) one ­bedroom, one ­bathroom units. With a lot size of 9,400 square feet, the property has a total of 12,964 rentable square feet. The property features 6 remodeled units, completion of the City of LA's safety soft-story retrofit, separate meters for gas and electricity, on site laundry, intercom access, and gated parking. The property has upside in the existing rents. Chinatown is close to Dodger Stadium, Cathedral High School, Philippe's Sandwiches, Olvera Street and so much more. It's centrally located with easy access to freeways and walking distance to Union Station for public transportation. The area is full of culture and traditions with several new restaurants and developments to continue it's desirability and thriving neighborhood.

Price History
8/25/2021 Listed $6,000,000
10/7/2021 9% - $5,500,000

General Features

Community Features Sidewalks
Garage Spaces 19
Garage Y/N Yes
Listing Agent JUDY WOO - BRE#01261795
Listing Agent State License 01261795
Lot Size Square Feet 9400
MLS Area CHNA - Chinatown
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Terms Cash, Cash to New Loan
Total Actual Rent 12487
Total Units 15
Virtual Tour https://vimeo.com/587582049/6d68702908
Virtual Tour https://vimeo.com/587581991/3a66ccc9a7
Water Sewer Expense 15675
Zoning LAR4

Interior Features

Common Walls 1 Common Wall
Laundry Features Common Area

Exterior Features

Lot Features Rectangular Lot
Lot Size Acres 0.22
Lot Size Area 9400
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 15
Number of Separate Gas Meters 15
Number of Separate Water Meters 1
Total Parking 19
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90012

Price
AVG $2.31M
$5.5M
Visits
AVG 82
97
Year Built
AVG 1941
1972
Walkscore
AVG 79
96
Data Provided by Walkscore ® not using MLS data

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