Los Angeles, CA 90034 1975 S Corning Street
$5,499,000
0 more
Presented By: Brice Head with CBRE, Inc.;
Beds • 26
Baths • 21
SQFT • 12,816
Home Details
Classic 60's courtyard building with garden-style, walk-up units, that are prevalent in The Westside. Just North of the 10 Freeway and a few blocks West of La Cienega, the property is located in La Cienega Heights, neighboring Palms - one of The Westside's most robust rental submarkets. A tried-and-true investment option with easy access to jobs, dining and retail in Beverly Hills, Culver City and Hollywood. Highly "walkable" just 2 blocks from a large retail center, anchored by Target, LA Fitness & CVS. Through organic turnover or "cash for keys", a Buyer can expect healthy rent increases and a proforma cap rate of 6%.
Presented By: Brice Head with CBRE, Inc.;
Interior Features for 1975 S Corning Street
Bedrooms
Total Bedrooms26
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths21
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 1975 S Corning Street
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market134
DirectionsNear La Cienega & Guthrie
Full Baths
Garage Y/NNo
Gross Income359848.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet12612.0
Lot Size UnitsSquareFeet
MLS AreaC09 - Beverlywood Vicinity
MobileHomeRemainsYNNo
Net Operating Income221889.0
New ConstructionNo
NumberOfUnitsTotal15
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built1963
ZoningLARD2
Exterior for 1975 S Corning Street
Building Area Total12816.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions90x140
Lot Size Acres0.2895
Lot Size Area12612.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCovered
SpaNo
Total Parking15.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480