211 N New Hampshire Avenue

    Los Angeles (City), CA 90004
    • $1,250,000
    • STATUS: Closed
    • ON SITE: 60 days
    • ID#: 18398782
    Sold - 12/14/2018
    $1,250,000
    SOLD - 12/14/2018
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,224
      SQFT
    • $296
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    PRICED TO SELL. 1 UNIT TO BE DELIVERED VACANT. Beautiful Spanish style 4 plex with large 2 bedrooms 1 bath each is sitting on massive 7,500 SQ R3 TOC TIER 4 LOT in the Koreatown proper where vacancy rate is the lowest in the county. After leasing the vacant unit at market rate, property will bring in approximately $72,000 yearly as rental income immediately. Property comes with a bonus vacant studio next to garage which was previously permitted as 5th unit in the past. 4 minutes walking distance to Beverly/Vermont Metro Station where Purple line will extend all the way to Beverly Hills and Westwood.TOC Tier 4 allows 80% increase in the otherwise maximum allowable number of dwelling units permitted under the applicable zoning. 18 units to be built on this single lot with NO REQUIRED PARKING. Up to 35% decrease in the required width or depth of two individual yards or setbacks. Three additional stories up to 33 additional feet. Floor Area Ratio (FAR) percentage increase of up to 55%

    Sold by Hong Chul Park BRE#02015848 of Coldwell Banker Residential Brokerage.

    Monthly Payment Calculator



    Based on information from CARETS as of 2018-12-19T08:43:57.783. 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.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/88706202

    211 N New Hampshire Avenue Los Angeles (City), CA 90004

    • Price: $1,199,800
    • Status: Closed
    • Updated: 53 min ago
    • ID#: 18398782
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,224
    SQFT
    $296
    $/SQFT
    1922
    Built
    Neighborhood:
    Mid-Wilshire (C17)
    County:
    Los Angeles
    Area:
    Mid-Wilshire (C17)
    Property Description
    PRICED TO SELL. 1 UNIT TO BE DELIVERED VACANT. Beautiful Spanish style 4 plex with large 2 bedrooms 1 bath each is sitting on massive 7,500 SQ R3 TOC TIER 4 LOT in the Koreatown proper where vacancy rate is the lowest in the county. After leasing the vacant unit at market rate, property will bring in approximately $72,000 yearly as rental income immediately. Property comes with a bonus vacant studio next to garage which was previously permitted as 5th unit in the past. 4 minutes walking distance to Beverly/Vermont Metro Station where Purple line will extend all the way to Beverly Hills and Westwood.TOC Tier 4 allows 80% increase in the otherwise maximum allowable number of dwelling units permitted under the applicable zoning. 18 units to be built on this single lot with NO REQUIRED PARKING. Up to 35% decrease in the required width or depth of two individual yards or setbacks. Three additional stories up to 33 additional feet. Floor Area Ratio (FAR) percentage increase of up to 55%
    Exterior Features

    Parking Spaces Total 3 Parking Type Other

    Interior Features

    Appliances None Cooling Type None Heating Type Wall Heater Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Partially Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bed01 2 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 2

    Property Features

    Adjusted Gross Income 0.00 Assessed Improvement Value 79451.00 Assessed Land Value 225128.00 Buyer Financing Cash To New Loan Country United States Of America Expense Total Annual 0.00 Gross Operating Income 0.00 Gross Rent Multiplier 0.00 Hoa YN N Legal Disclosures Take Property As Is Listing Terms Cash To New Loan Lot Size Source Public Records Net Operating Income 0.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Public Records Unit Monthly Rent01 1216.00 Unit Monthly Rent02 0.00 Unit Monthly Rent03 956.69 Unit Monthly Rent04 930.61 Unit Projected Total Monthly Rent01 2950.00 Unit Projected Total Monthly Rent02 0.00 Unit Projected Total Monthly Rent03 2950.00 Unit Projected Total Monthly Rent04 2950.00 Unit Total Monthly Rent01 1216.00 Unit Total Monthly Rent02 0.00 Unit Total Monthly Rent03 956.69 Unit Total Monthly Rent04 930.61 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Units Total In Complex 4 Zoning Lar3

    Listing provided courtesy of Hong Chul Park DRE#02015848 of Coldwell Banker Residential Brokerage.


    Based on information from CARETS as of 2018-12-19T08:43:57.783. 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.

    Licensed in the State of California, USA.
     
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