232 AVENUE 53 $4,800,000

    Close

    232 AVENUE 53 Highland Park, CA 90042

    • 0 Beds
    • 0 Baths
    • 11,175 sq.ft.
    • MultiFamily
    • MLS# SR20003757
    Favorite Share
    Views: 0 Days On Market: 10

    Go Tour This Home

    Schedule A Showing

    Property Details

    Artisan Apartments is a substantially renovated 16-unit apartment complex located in a gentrified part of Highland Park, a lovely neighborhood in the San Rafael Hills of Los Angeles, California. Set on a 11,486 square foot lot, the 11,175-square-foot property built in 1930 is undergoing substantial renovations and features phenomenal rental upside. This ideal locale also allows easy freeway access to the 110 Arroyo Seco Parkway. The subject property currently offers 5 studios, 10 one-bedrooms and 1 two-bedroom, however after renovations are complete, there will be 12 one-bedroomsand 4 two-bedrooms. Note the owner pays for electricity for the unrenovated units.

    • General Features
      • Net Operating Income 155841.00
      • Year Built 1930
      • County Los Angeles
      • Area Highland Park (632)
      • Total Units in Complex 16
      • Special Conditions Standard Sale
      • Senior Community No
      • Monthly Gross Income 284564.00
      • Total Annual Expense 120186.00
      • Garage Spaces Total 0.0
    • Building Features
      • Laundry Locations Laundry Area
      • # of Electric Meters 17
      • # of Water Meters 1
    • Room Features
      • Unit 1 Bedrooms 0
      • Unit 1 Bathrooms 1.0
      • Unit 2 Bedrooms 1
      • Unit 2 Bathrooms 1.0
      • Unit 3 Bedrooms 2
      • Unit 3 Bathrooms 2.0
    • Property Features
      • Lot Size Acres 0.26
      • Lot Size Sq Ft 11,486
      • Lot Description Landscaped
      • Parking Type Assigned
      • Pool Descriptions No Pool
      • Water Water District, Public

    Contact

    Neighborhood

    Neighborhood Details available exclusively for Property Watch members

    Market Last 30 Days

    Market information available exclusively for Property Watch members

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $4,800,000
    1/7/2020 10:47:00 AM New in Database Source

    Payment Calculator

    $0 per month
    Year Fixed, Interest
    Principal and Interest
    $0
    Property Taxes
    Homeowners' Insurance

    Home Price
    Down Payment
    *This Payment Calculator is intended for educational and planning purposes only.

    Based on information from CARETS as of 1/17/2020 7:40:58 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. IDX provided by Reliance Network, LLC.