Los Angeles, CA 90035 1239 S La Cienega Blvd
$2,820,000
5 more
Presented By: Nir Yacoby with AAPM Inc.
Beds • 8
Baths • 10
SQFT • 6,842
Home Details
A walking distance from the new Purple Line and the Beverly Hills Park. May be purchased with the adjacent property which has a different APN but owned by the same owner. There's a HUGE Billboard that generates about $3,000/mo income. Mineral rights. Sitting on a generous 7,000 sq ft lot that zoned Commercial, this is a perfect opportunity to redevelop the asset and reposition it in a way more aligned with its unique location. The property hasn't traded in over 40 years - don't miss on an opportunity to own a heirloom.
Presented By: Nir Yacoby with AAPM Inc.
Interior Features for 1239 S La Cienega Blvd
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths10
Other Interior Features
Air Conditioning Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Stories2
General for 1239 S La Cienega Blvd
Attached Garage No
Cap Rate4.2
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market3
DirectionsA walking distance from the new Purple Line. 2 APN's, zoned commercial, with extra Billboard income. Across the street from Beverly Hills and down the street from Gregory Park and the Beverly Center.
Gross Income208332
HOA / Comm AssnNo
HeatingWall Furnace
LevelsMulti/Split
Lot Size Square Feet7016
Lot Size UnitsSquare Feet
MLS AreaC19 - Beverly Center-Miracle Mile
Net Operating Income128696
New ConstructionNo
NumberOfUnitsTotal10
Property TypeResidential Income
Senior Community Y/NNo
Standard StatusActive
StatusActive
Year Built1950
ZoningLAC2
Exterior for 1239 S La Cienega Blvd
Building Area Total6842
Lot Size Acres0.1611
Lot Size Area7016
Number of Buildings1
Total Parking6
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480