Commercial For Sale | Land | Multifamily

259 North Burlington Avenue . Westlake , CA 90026


Not in MLS. Rare opportunity to purchase two lots in the desirable, cool, and hip Historic Filipino Town. For more information contact the listing agent Listed by Han Chen •DRE #01749321 • Growth Investment Group Listed by Abel Benitez •DRE #02173463 • GIG Real Estate Inc. Contact: 626-224-2495

Posted: 01/23/2023 4:56 am | On HOMEiZ: 756 days | Updated: 2 months ago | Views: 853

Location Map

Property Type

Off market

Property Price

$ N/A
01/11/2022
1.25%

Property Location & Description

Not in MLS. Rare opportunity to purchase two lots in the desirable, cool, and hip Historic Filipino Town. For more information contact the listing agent Listed by Han Chen •DRE #01749321 • Growth Investment Group Listed by Abel Benitez •DRE #02173463 • GIG Real Estate Inc. Contact: 626-224-2495
Rare opportunity to purchase two lots in the desirable, cool, and hip Historic Filipino Town. The two lots are in the p[process of being subdivided. Lot #1 has an existing 7-unit building with RTI plans to convert the garage into an additional 2BED/1BATH ADU. 4 of the 7 units will be delivered vacant and will be ready for some TLC. Lot #2 is empty and will be delivered with RTI plans to build 4 units (3 structures/5 total units with a total of 18 bedrooms and 20 bathrooms. The property sits in an area that is under major redevelopment and is bringing a demand for high-end rental units. This is perfect for someone looking for a ground-up project that brings the ability to bring in immediate cash flow/value add from the existing dwelling. .
Filipino Town, Los Angeles, Ca.
Irrigation is available
Electricity/Power is available
Water is available
Cable is available
Gas/Propane is available
5159-006-021
RD1.5
Residential Apartment building 5 units
Yes
Yes
Yes
No Data
No Data
12,000 Sq.Ft. corner lot, zoned RD1.5
Unit mix consisting of (6) 1-Bed/1-Bath & (1) 2-Bed/2-Bath
Unit mix consisting of (6) 1-Bed/1-Bath & (1) 2-Bed/2-Bath

Lot Details

Details #1
$2199000 Total Price
0.28 Acres
Contact listing agent %
No Data
No Data
5

Sewer

Sewer System (Public)

Neighborhood lifestyle

Urban Core

More information

Not in MLS

Listing Info

Listing ID: 3289
Off market

For Sale

$2,199,000

Listing Presented by

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