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1223 W Court St
Los Angeles, CA 90026
Multifamily Property For Sale · 8 Units

Investment Highlights

  • Central Location – A short uber ride to Crypto.com Arena, Dodger Stadium, the Music Center, The Broad Museum, Echo Park, Chinatown, Little Tokyo
  • Emerging Area – Within a few blocks of the site there are close to 500 new units across 7 new apartment communities and even more beyond that immediat
  • Multi-family Zoning – Existing zoning allows high density multi-family communities.
  • Views – Stunning city light views of the Downtown Los Angeles skyline.
  • Contiguous Parcels- A substantial plot of contiguous land, ideal for residential development projects
  • TOC Tier 2 – City of Los Angeles Transit Oriented Communities Affordable Housing Incentive Program. Tier to be verified with current transportation se

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 5,364 SF
Average Occupancy 75%
No. Stories 2
Year Built 1962
Zoning R4(CW)-75/3-0 - Zoning: R4(CW)-75/3-0 (Density 400 SF of Land/Dwelling Unit, 75' Height Limit, 3.0 FAR)

Amenities

Unit Amenities

  • Air Conditioning
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 8 - -

Property Taxes

Property Taxes

Parcel Number
5160-022-035
Land Assessment
$33,064
Improvements Assessment
$101,956
Total Assessment
$135,020
  • Listing ID: 32595597

  • Date on Market: 7/26/2024

  • Last Updated:

  • Address: 1223 W Court St, Los Angeles, CA 90026

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