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3950 W 6th St
Los Angeles, CA 90020
Multifamily Property For Sale
·
26 Units
PROPERTY FACTS
| No. Units | 26 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 31,998 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1921 |
| Building Class | C | Parking Ratio | 0.16/1,000 SF |
| Zoning | LAC2 | ||
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 31,998 SF |
| No. Stories | 4 |
| Year Built | 1921 |
| Parking Ratio | 0.16/1,000 SF |
| Zoning | LAC2 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
ABOUT 3950 W 6TH ST , LOS ANGELES, CA 90020
Landpac Properties Commercial, as exclusive listing agent, is pleased to present an opportunity to purchase a $8,250,000 possible development site located at 6th Street and Western in Los Angeles. This 1921 building, comprised of the 6 mixed use stores at ground floor and 26 residential studio spaces above them(3rd and 4th floor.) 2nd floor is vacant and ready to renovate. The subject property is a corner lot located in prime Koreatown neighborhood on an 10,971 SF lot zoned LAC2. Central location close to three Metro rail stations (Wilshire/Normandie, Wilshire/Western, Wilshire/Vermont) and close to many restaurants, shops, and entertainment! Subject location has a high Walk Score of 97 and Transit Score of 72! Unbeatable location for an investment development in one of the most densely populated areas of Los Angeles. The property is currently under REAP, but is subject to be cleared prior to close of escrow.Buyer to perform all due diligence before submitting offer. Koreatown is a three-quarter mile community and one of the most densely populated district in Los Angeles. Exciting neighborhood with one of the largest concentration of bars, shops and 24 hour restaurants and businesses in Los Angeles. Close to the 10,110 and 101 freeways.
PROPERTY TAXES
| Parcel Number | 5503-031-007 | Improvements Assessment | $3,608,107 |
| Land Assessment | $4,244,832 | Total Assessment | $7,852,939 |
PROPERTY TAXES
