860 FIGUEROA Terrace

Los Angeles , CA 90012

MLS#: 16122772

$1,250,000

Status: Closed
Listing number: 16122772
Listing provided by: Marcus & Millichap
Listing agent phone: None
Last update: 2 years ago
On site: 9 years ago
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Property

Beds

14

Full Baths

None

1/2 Baths

None

Year Built

1970

Sq.Footage

5,954

Located in LA's Chinatown neighborhood, just north of DTLA and less than 1 mi from the Metro Gold Line's Union Station. With it's rich history and many lively events and attractions, Chinatown is an emerging market with major development projects, such as the 32 Acre Los Angeles State Historic Park Project and mega mixed-use College Station complex, happening in the immediate area. Units feature hardwood or laminate wood flooring. Separately metered for gas and electric, this building also offers 5 overhanging storage units, as well as, on-site laundry facilities that provides additional income. The property also features on-site The property also features on-site parking, 5 carports spaces and 1 two-car garage.car garage.This asset provides an investor with not only a value-add opportunity that can yield significant rental upside, but also an rare opportunity to acquire a property in a desirable market with minimal available inventory.

Features & Amenities

Interior

  • Total Bedrooms

    14

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Attached, Attached Carport, Garage

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1548

  • Property Type

    Residential Income

Price

  • Sales Price

    $1,250,000

  • Sq. Footage

    5, 954

  • Price/SqFt

    $209

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

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High School

Listing Courtesy of Neema Ahadian , Marcus & Millichap

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Located in LA's Chinatown neighborhood, just north of DTLA and less than 1 mi from the Metro Gold Line's Union Station. With it's rich history and many lively events and attractions, Chinatown is an emerging market with major development projects, such as the 32 Acre Los Angeles State Historic Park Project and mega mixed-use College Station complex, happening in the immediate area. Units feature hardwood or laminate wood flooring. Separately metered for gas and electric, this building also offers 5 overhanging storage units, as well as, on-site laundry facilities that provides additional income. The property also features on-site The property also features on-site parking, 5 carports spaces and 1 two-car garage.car garage.This asset provides an investor with not only a value-add opportunity that can yield significant rental upside, but also an rare opportunity to acquire a property in a desirable market with minimal available inventory.

860 FIGUEROA Terrace

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