Los Angeles, CA 90001 1501 Firestone Boulevard

1501 Firestone Boulevard Los Angeles, CA - Image 11501 Firestone Boulevard Los Angeles, CA - Image 21501 Firestone Boulevard Los Angeles, CA - Image 3
Presented By: Benjamin Huh with America Realty Los Angeles;
  • MLS# 24417835
  • 07/20/2024
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  • Beds • 6
  • Baths • 16
  • SQFT • 9,306

Home Details

Commercial Lot, North East Corner at the busy Intersection of crossing two big streets, Firestone Blvd. and Compton Ave. There are alleys surrounded along backside to help benefit for this property as convenience. It should be great news to the Investors or Developers ! This Lot is consist of 4 parcels (6028-034-013, 6028-034-014, 6028-034-015, 6028-034-016). Please take a look the property outside only and do not talk to any tenant in this property and not interrupt their business and private living lives regarding the property sale. All 16 units have their own separate Electric and Gas Meters. Lower rent and 1(one) unit Vacancy ($ 1,000/Month). Rent to be increased as potential. Regarding the Financial analysis on the property, Buyer should calculate by his/her own view point, it may be come out different results against Seller's one. Listing agent is a one of the seller.
Presented By: Benjamin Huh with America Realty Los Angeles;

Interior Features for 1501 Firestone Boulevard

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths16

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Stories1

General for 1501 Firestone Boulevard

Additional Parcels Y/NYes
Architectural StyleContemporary
Attached Garage No
Cap Rate5.4
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market24
DirectionsNorth East Corner of Firestone Blvd. and Compton Ave
Facing DirectionSouth
Full Baths
Garage Y/NNo
Gross Income174000.0
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet18983.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income114503.0
New ConstructionNo
NumberOfUnitsTotal16
Occupancy TypeTenant
Patio/Porch FeaturesNone
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NYes
RoofOther
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysElectricity, Gas
View Y/NNo
Waterfront Y/NNo
Year Built1924
ZoningLCC3*

Exterior for 1501 Firestone Boulevard

Building Area Total9306.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.4358
Lot Size Area18983.0
Lot Size SourceOwner
Number of Buildings8
Open Parking Y/NNo
Parking FeaturesDriveway
SpaNo
Total Parking10.0

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $2,490,000
MLS#24417835
List Date 07/20/2024
Property Type Multi-Family
Phone 310.658.1749
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