624 S Dunsmuir Avenue, Los Angeles, CA 90036
-
Listed Price :
$2,425,000
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Beds :
8
-
Baths :
8
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Property Size :
7,544 sqft
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Year Built :
1930
Property Description
TO BE SOLD TOGETHER WITH ADJACENT 8-UNIT PROPERTY AT 630 S DUNSMUIR AVE, 16 UNITS TOTAL FOR $4,850,000....624 & 630 S Dunsmuir Ave are two side-by-side 8-unit buildings in the Miracle Mile neighborhood in Los Angeles. These beautiful Spanish-style buildings boast a combined 15,088 square feet, with each building comprising 7,544 square feet. The properties feature spacious 1-bedroom, 1-bathroom units with offices, averaging 943 square feet each. The are currently 7 vacancies available across the two buildings. The charming architecture, large bright units, and hardwood floors throughout add to the allure & charm of these properties. The buildings are master-metered for all utilities, and all of the occupied units are eligible for 6% rent increases from day one after purchase. Additionally, there is an on-site laundry room in the basement of 630 Dunsmuir Ave, which is shared between the tenants of both buildings. There are also 14 uncovered parking spaces in the back of the lots. Lastly, the plumbing across both buildings has been partially replaced with copper piping. This is a rare opportunity as these properties are on the market for the first time in 50+ years. The buildings sit on separate R4 parcels totaling 15,597 SqFt of land and must be purchased together.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
8 |
Listing Information
| Address |
624 S Dunsmuir Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90036 |
| County |
Los Angeles |
| Listing Agent |
Jake Glaser DRE #02128816 |
| Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
| List Price |
$2,425,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
7,544 |
| Lot Size |
7,801 |
| Year Built |
1930 |
Listing information courtesy of: Jake Glaser, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 25th, 2024 at 8:15 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
