$9,000,000
Accepting Backup Offers

2420 S Western Avenue

Los Angeles, CA 90018
Listing OfficeKeller Williams Realty
Browse 72 photos
Type:Multi-Family
Structure:Unit
Zone:Commercial

Description

Built in 1990, the fully occupied 40-unit apartment building at 2420 S Western Avenue sits on a large 35,439 square foot lot, offering plenty of space for future development. The 32,705 square foot building, zoned LARD1.5, provides an excellent opportunity for investors looking to capitalize on a property with both modern construction and significant potential for expansion. Its prime location and generous lot size make it ideal for long-term growth and increased rental income. Offered under a bankruptcy sale, this property presents a rare chance to acquire a significant asset in a high-demand area. Buyers should be aware that the property is subject to various covenants and restrictions that may impact tenant selection, income, and rent levels. Prospective buyers are strongly encouraged to independently verify all information, including square footage and zoning regulations.

  • Property Details
      • Lot DescriptionSprinklersNone
      • Property TypeMulti-Family
      • Property SubtypeMultiFamily
      • Structure TypeMultiFamily
      • Original List Price$9,000,000
      • MLS #P1-19129
      • MLS #P1-19129
      • Cost9000000
      • Utility SourcePublic
      • CountyOther
      • Year Built1990

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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