1150 Masselin AVE new

Los Angeles,CA 90019

$ 2895000

14 Beds

10 Baths

8768 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,768 sqft

Price per Sqft $330

MLS Listing ID 25523913

Bedrooms 14

HOA Y/N No

Year Built 1948

Lot Size 9,295 Sqft

Property Description

1150 Masselin Ave is a 10 unit building near Miracle Mile in Los Angeles. Offers Assumable Financing at 3.15% Interest Only until 2031! The spacious 1 & 2 bedroom units average to about 877 SF each. 4 out of the 10 units have been renovated, while also offering over 54% rental upside! Brand New Roof Put in 2024. Potential ADU opportunity via SB 1211 (Buyer to Verify). The building is separately metered for gas and electric and has a new 100G water heater. 1150 Masselin has 7 total parking spaces and features a Large 9,295 SF Corner Lot Zoned LAR3.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR3

Interior

Heating Electric

Fireplace No

Laundry Common Area

Exterior

Parking Features Covered,Driveway

Total Parking Spaces 7

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5085019018

Special Listing Condition Standard

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