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$1,797,966
68 Days On Site

201 S Park View Street
Los Angeles, CA 90057

For Sale|Residential Income|Active
13
Beds
8
Total Baths
5,128
SqFt
$351
/SqFt
1927
Built
County:
Los Angeles
Listed by Soraya Machado-Powell of Vylla Home, Inc. sorayapowell@gmail.com
Call Now: (800) 215-5000
Is this the listing for you? We can help make it yours.
(800) 215-5000
201 S Park View Street201 S Park View Street201 S Park View Street201 S Park View Street
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Make us a reasonable offer. Value-add opportunity with three vacant units. Amazing investment opportunity in the heart of Historic Filipino Town (HiFi)! This fully renovated, turnkey 5-unit apartment complex offers an exceptional value-add opportunity with three vacant units ready for immediate lease-up at potential area market rent amounts. Projections for the 3 vacant units are based on area market rent amounts. Potential buyers must conduct their own rent estimates to arrive at their own opinion of value. The property features an attractive unit mix of two 2-bedroom/1-bath units, two 3-bedroom/1.5-bath units, and one spacious 3-bedroom/2-bath unit. Each residence is thoughtfully updated and includes a stove, refrigerator, dishwasher, and in-unit stackable washer and dryer, central air and heat, making it highly desirable for today's tenants. Ideally situated just minutes from Silver Lake, Echo Park, Downtown Los Angeles, MacArthur Park, Lafayette Park, and the vibrant Beverly Boulevard corridor, this location provides outstanding access to shopping, dining, entertainment, and employment centers. Commuters will appreciate the close proximity to the Metro B (Red) and D (Purple) Lines as well as convenient access to the 101 and 110 Freeways. The property also includes 10 on-site parking spaces, offering the potential to generate additional income through parking rentals. 5 covered garage spaces are able to fit a small car, or used as storage spaces. Another 5 uncovered spaces offer the potential to generate additional income through rentals. Whether you're completing a 1031 exchange, expanding your portfolio, or seeking a stabilized asset with immediate upside, this rare opportunity combines strong cash-flow potential, renovated improvements, and a prime central Los Angeles location. Investors won't want to miss this one!

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Listing Snapshot
Price 
$1,797,966
Days On Site 
68 Days
Bedrooms 
13
Inside Area (SqFt) 
5,128 sqft
Total Baths 
8
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1724 Acres
Year Built 
1927
MLS® Number 
26854377
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS®
a month agoPrice changed to $1,797,966
2 months agoListing first seen on site
General Features
Acres 
0.1724
Garage 
Yes
Garage Spaces 
10
Levels 
Two
Number Of Stories 
2
Parking 
CoveredGarage
Parking Spaces 
10
Property Condition 
Updated/Remodeled
Special Circumstances 
Real Estate Owned
SqFt Total 
5128
Zoning 
LAR3
Interior Features
Appliances 
DishwasherDisposalRefrigeratorDryerWasher
Cooling 
Central Air
Fireplace Features 
None
Flooring 
Laminate
Heating 
Central
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Exterior Features
Pool Features 
None
Spa Features 
None
View 
None
Waterview 
None
Community Features
MLS Area 
C42 - Downtown L.A.
Financing Terms Available 
CashConventionalFHA


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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