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1050 S Park View St, Los Angeles, CA 90006 - Main View

1050 S Park View St, Los Angeles, CA 90006

List Price: $3,500,000

On market

Apr 3, 202510,948 sqft20 beds20 baths

Listed by: Randy A. Wright

License #: 01410916

Phone #: 310-927-6818

Christie's International Real Estate SoCal

Source:

MLS #: 25520527

Property Description

Beautiful Building you can be proud of and very well maintained & remodeled rental property with 21 creative Studio units in very close proximity to many shops and restaurants in the rapidly changing Pico Union area just West of Downtown LA! 99% of the units have been beautifully remodeled and the entire building is light, bright with a creative energy about it. 2 units will be delivered VACANT at close of escrow. New carpeting installed in all hallways and also has newer roof. This area has been increasingly sought after by tenants for close proximity to Korea Town, Downtown LA and mass transit. Seller financing is a possibility. This is a great investment building with BIG upside potential and returns! Market rents for each of the 2 vacant residential units is $1,900 Max. Building Unit Breakdown: 18 Residential and 3 Commercial Retail (ALL REGULAR LEASES - NO Triple Net Leases!).

Get a detailed valuation report, schedule a tour or make an offer!

Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

DRE LICENSE #01997822