Skip To Content

2360 W Washington Boulevard

Los Angeles (City), CA 90018
  • $4,850,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 23308509
UPDATED: 51 min ago
$4,850,000
  • 17
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,260
    SQFT
  • $431
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Listing Agent(s): Zachary Freehling of Skylight Real Estate Advisors, Inc. (310-592-0833)


Description

We proudly present 2360 W Washington Blvd, a recently renovated 20-unit mixed-use property strategically positioned in the heart of Los Angeles. The seller has made a substantial investment of over $700k in capital expenditures and 16 out of 17 apartment units are completely turnkey. These units boast modern upgrades such as new flooring, updated appliances, contemporary lighting, and sleek kitchen and bathroom designs. Additionally, all renovated units feature essential amenities like A/C, heating, and in-unit laundry, with the exception of the bachelor unit. The property also offers 2,932 square feet of ground-floor retail space, and its location in a rapidly gentrifying neighborhood, adjacent to numerous new development projects, promises immediate upside potential in rents. The location of the property also provides easy access to major freeways like the 10 and 101 and proximity to key employment centers. Furthermore, it is a short drive from popular dining, shopping, and entertainment venues in West Adams, Koreatown, and Downtown LA.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T18:37:03.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/143147524
Print Image

2360 W Washington Boulevard Los Angeles (City), CA 90018

  • Price: $4,850,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 51 min ago
  • MLS #: 23308509
17
Beds
0
Baths
0
½ Baths
0.17
Acres
11,260
SQFT
$431
$/SQFT
1929
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
We proudly present 2360 W Washington Blvd, a recently renovated 20-unit mixed-use property strategically positioned in the heart of Los Angeles. The seller has made a substantial investment of over $700k in capital expenditures and 16 out of 17 apartment units are completely turnkey. These units boast modern upgrades such as new flooring, updated appliances, contemporary lighting, and sleek kitchen and bathroom designs. Additionally, all renovated units feature essential amenities like A/C, heating, and in-unit laundry, with the exception of the bachelor unit. The property also offers 2,932 square feet of ground-floor retail space, and its location in a rapidly gentrifying neighborhood, adjacent to numerous new development projects, promises immediate upside potential in rents. The location of the property also provides easy access to major freeways like the 10 and 101 and proximity to key employment centers. Furthermore, it is a short drive from popular dining, shopping, and entertainment venues in West Adams, Koreatown, and Downtown LA.
Exterior Features

Parking Features None Parking Total 0

Interior Features

Appliances DishwasherMicrowaveRefrigeratorDryerWasher Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)

Property Features

Association YN No Cap Rate 5.42 Gross Income 380604 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 262730 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-29T18:37:03.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371893750-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371893750-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371893750-2.jpg
Logo
The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Zachary Freehling of Skylight Real Estate Advisors, Inc. (310-592-0833)