Allura Realty Inc
Listed by Allura Realty Inc
$1,880,000
Mixed Use on Wilshire
Details
Property Type Mixed Use
Sub Type Multifamily, Office
Square Footage 6,864
Units 11
Cap Rate 5.95%
Occupancy 100%
Tenancy Multi
Price per SqFt $274
Year Built 1903
Year Renovated 2018/2020
Stories 3
Acreage 0.070
Zoning C4-2
Investment Type Value Add
Mixed Use | 5.95% CAP | 6,864 SqFt
Marketing description
Allura Commercial is pleased to offer this Mixed Use Building off Wilshire, located at 1648-1650 Wilshire Blvd, Los Angeles, CA 90017, for sale. Located in the Westlake District in Los Angeles adjacent to Koreatown and Downtown. The sale includes a 6,864 square feet multi-tenant mixed use building in the heart of the Westlake district near Downtown LA. Very desirable location.
Investment highlights
Motivated Seller!
1648 Wilshire Blvd, Los Angeles, Ca 90017 is being offered at $1,880,000.00.
Rents below market value, huge potential for increase.
Value-Add: Possible uses/conversions for retail/office/multifamily.
This property is ideal for investors looking for flexible space with existing income potential.
Listing Contacts
Allura Realty Inc
Listed by Allura Realty Inc
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Title
Is there information that looks off?
