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$3,350,000

Beds
Unknown
sq ft
Unknown

1449 S Point View St, Los Angeles, CA 90035

1449 S Point View St

Los Angeles, CA 90035

  • 2 days on market
We are pleased to present a nine (9) unit apartment building located at 1449 South Point View Street in Los Angeles, California. This meticulously maintained property is situated in a prime Pico/Fairfax location, south of West Pico Boulevard and west of South Fairfax Avenue near "The Grove". Built in 1965, this property contains a great unit mix of five (5) one-bedroom/one-bathroom units and four (4) two-bedroom/two-bathroom units. All units are within a 7,566 square foot (SF) building. This building includes an on-site laundry common area, and nine (9) covered parking spaces within the carport and tuck-under in the back. New paint, 4 units fully remodeled, retrofit completed in 2023. The tenants pay for electricity and gas, and the offering can be delivered with one (2) vacancy. Situated in a prime Pico/Fairfax location, this offering presents an excellent opportunity for any investor to capitalize leasing with rental upside potential and adding value in a gentrifying market adjacent to Beverly Hills.

Details

Property type

Apartment

Est. home value

$2,787,701

Lot size

8,506 sq ft

Price per sq ft

Unknown

Year built

1965

HOA

No

Price History

01/22/2025
CRMLS

CRMLS #WS25016474

Listed
$3,350,000
+17.54%
06/02/2022
CLAW

CLAW #22118367

Sold
$2,850,000

Schools & Community

Neighborhood: 

Pico-Robertson

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Us Metro Bank

Loan start date

April 2022

Original loan amount

$1,850,000

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Commercial

Seller

Ini Investment Corp

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/23/2025 at 10:50 PM

Listing updated: 01/23/2025 at 4:00 PM

Listed by: JOY CHIOU, Capital Investments Real Estat Phone #: (626) 833-8143

MLS: CRMLS #WS25016474

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