$2,895,000
For Sale

1150 Masselin Avenue

Los Angeles, CA 90019
8768 sqft | 14 beds | 0.21 acres | #25523913
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Browse 26 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

1150 Masselin Ave is a 10 unit building near Miracle Mile in Los Angeles. Offers Assumable Financing at 3.15% Interest Only until 2031! The spacious 1 & 2 bedroom units average to about 877 SF each. 4 out of the 10 units have been renovated, while also offering over 54% rental upside! Brand New Roof Put in 2024. Potential ADU opportunity via SB 1211 (Buyer to Verify). The building is separately metered for gas and electric and has a new 100G water heater. 1150 Masselin has 7 total parking spaces and features a Large 9,295 SF Corner Lot Zoned LAR3.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$2,895,000
      • MLS #25523913
      • MLS #25523913
      • Cost2895000
      • Acres0.2134
      • Square Feet8768
      • Year Built1948
      • Bedrooms14

Location

Augie MendozaReal Estate Group
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