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    4537--4545 S Santa Monica Boulevard

    Los Angeles (City), CA 90029
    • $5,200,000
    • STATUS: Active
    • ON SITE: 62 days
    • ID#: 20610616
    UPDATED: 29 min ago
    $5,200,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Welcome to 4537-4545 S. Santa Monica Blvd., a Ready to Issue (RTI) mixed-use development located in the trendy Virgil Village neighborhood of East Hollywood. The subject offering presents an investor with anexcellent TOC 3 development site totaling +/-34,000 square feet situated on a 9,986 square foot lot. The building features 23 mostly two bedroom residential units with an average size of 755 square feet. +/-6,000 square feet of retail space makes this property ideal for multiple neighborhood uses. This project is also projected to produce an annual gross operating income of $1,080,792. The property is just one block from the corner of Santa Monica Blvd. and Virgil Avenue.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-01T12:30:35.927. 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 Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/108390435
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    4537--4545 S Santa Monica Boulevard Los Angeles (City), CA 90029

    • Price: $5,200,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: 20610616
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    Welcome to 4537-4545 S. Santa Monica Blvd., a Ready to Issue (RTI) mixed-use development located in the trendy Virgil Village neighborhood of East Hollywood. The subject offering presents an investor with anexcellent TOC 3 development site totaling +/-34,000 square feet situated on a 9,986 square foot lot. The building features 23 mostly two bedroom residential units with an average size of 755 square feet. +/-6,000 square feet of retail space makes this property ideal for multiple neighborhood uses. This project is also projected to produce an annual gross operating income of $1,080,792. The property is just one block from the corner of Santa Monica Blvd. and Virgil Avenue.
    Exterior Features

    Lot Size Units Square Feet View None View YN No

    Property Features

    Country Us Special Listing Conditions Standard Zoning C2-1D

    Listing provided courtesy of Oron Maher of California Real Property, Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-01T12:30:35.927. 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 Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003