Los Angeles, CA 90011,2010 Stanford AVE
Los Angeles, CA 90011,2010 Stanford AVE
Los Angeles, CA 90011,2010 Stanford AVE
Los Angeles, CA 90011,2010 Stanford AVE
Los Angeles, CA 90011,2010 Stanford AVE
Los Angeles, CA 90011,2010 Stanford AVE
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$ 2,200,000
Est. payment | /mo

0.28 Acres Lot


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$ 2,200,000
Est. payment | /mo
Save

0.28 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25036713

HOA Y/N No

Year Built 1912

Lot Size 0.276 Acres

Property Sub-Type Mixed Use

Property Description

A unique opportunity to acquire two contiguous parcels zoned LA-R2 within a designated Opportunity Zone. Comprised of three separate structures totaling 11,686sf in size, it includes a vacant house, a 4 unit multifamily, and a three story industrial building that has rooftop access with unobstructed views of Downtown LA. The entire property sits on a 12,008sf (.27 acres) corner lot w/ 150' frontage and alley access, providing a tremendous value add opportunity for a local and experienced investor/developer to reposition or redevelop the property. The corner house is a 3bed/1.5 bath craftsman w/ a finished second floor, and is currently vacant. The industrial building is also delivered vacant and available for a potential owner/user. The 4 units are all 1 bedrooms, and one unit will be delivered vacant. The other three are currently occupied w/ MTM tenancy at below market rents. Good Location south of the 10 fwy, east of the 110 fwy, and 2 miles to USC, Exposition Park, Downtown LA, the fashion district, LA Live, Restaurants & Shops.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning R2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Dryer

Laundry Washer Hookup, See Remarks

Exterior

Fence Wrought Iron

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, See Remarks, Water Available

Roof Type Composition,Flat

Total Parking Spaces 8

Building

Lot Description 6-10 Units/Acre

Story 3

Water Public

Others

Tax ID 5131010001

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Brian Noh • Nohco Real Estate • 9493085775
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28391 Sheridan Dr, Niguel, California, 92677, United States

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2010 Stanford AVE