$2,295,000
- Beds
- 8
- sq ft
- 5,433
1723 Corinth Ave, Los Angeles, CA 90025
1723 Corinth Ave
Los Angeles, CA 90025
- 112 days on market
1723 Corinth Ave is a ten (10) unit multi-family property that has entitled plans for a new nine (9) unit project. Located in a wonderful West LA location, the property is near all the restaurants and shops on Sawtelle Blvd., and in close proximity to Westwood, Santa Monica and Century City. The existing two story building was constructed in 1957 is approximately 5,433 SF, and has an excellent unit mix of eight (8) 1 BR + 1 Bath and two (2) studio units. Two of the 1 BR + 1 Bath units are currently vacant, and the building still requires the seismic retrofit work for the tuck under parking structure. The seller's have fully entitled plans for a new nine (9) unit development project. The new building will be four stories in heights with one level of subterranean parking. The total square footage of the new property will be approximately 10,251 SF and will have a five (5) 2 BR + 2 Bath, and four (4) 3 BR + 2 Bath units. The new multi-family development does NOT require any of the units to be designated as low income and does not fall under SB8. All the tenants have been notified that the property has been Ellised and is expected to be fully vacant by March of 2025. Unique opportunity for a savvy value-add multi-family investor or developer looking to build a new apartment in prime West LA. Full development plans are available upon request.
Details
Property type
Lot size
7,361 sq ft
Price per sq ft
$423
Year built
1957
HOA
No
Price History
05/31/2024
CLAW #24398551
Listed
$2,295,000
Schools & Community
Neighborhood:
Sawtelle
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 09/20/2024 at 10:40 PM
Listing updated: 06/08/2024 at 5:13 AM
Listed by: Errol Spiro, Miller & Desatnik Realty Co. Phone #: (310) 202-9166
MLS: CLAW #24398551
Recently listed in Los Angeles
$1,349,000|4 bd|1.75 ba|House
$1,298,000|3 bd|1.5 ba|House
$2,350,000|4 bd|3.25 ba|House
$4,595,000|5 bd|5.5 ba|House
$710,000|1 bd|1.5 ba|Condo
$1,695,000|4 bd|4.0 ba|Condo
$4,095,000|4 bd|4.0 ba|House
$1,295,000|4 bd|3.0 ba|House
$999,000|2 bd|1.75 ba|Condo
$2,195,000|3 bd|1.75 ba|House
Explore top cities in California