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$2,050,000

FOR SALE
Active

218 Thorne

Los Angeles, CA

MLS# SB26185527

Apartment
74 days on marketNalren refreshed

Listing Agent

Julian Mangine

Listing Agent

eXp Realty of Greater Los Angeles, Inc.

DRE #: 02103168

(310) 650-3064

Brokerage: eXp Realty of Greater Los Angeles, Inc.

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1978

Year Built

0.43 acres

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

6 unit property on large lot with Four 2 Bedroom 1.5 Bath units & Two 3 Bedroom 2 Bath units. 3 units currently vacant with one of them being a 2 Bedroom that has been recently renovated. Additional 2 bedroom and 3 bedroom units are vacant. Property has been an apartment but has recently gotten approved with the City for use as a condo but will still have to undergo the California DRE process of condo conversion to complete the process. Potential for that is similar to next door 232 Throne which was constructed at the same time and is now 6 individual condos with separate ownership (one of which sold in 2022 for 600k) Buy this property as a traditional rental or look for the potential for condo conversion.

Facts & Features

Interior

Fireplace
No
Laundry Features
Community Laundry

Exterior

Private Pool
No
Roof
Membrane
Fencing
Block, Wood
Lot Features
Six To Ten Units Acre

Building

Year Built
1978
Building Area Total
7,400
Levels
Two
Stories Total
2

Utilities

Heating
Central
Cooling
Central Air
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Features
Carport, Storage
Parking Total
12

Community / HOA

HOA
No
Association Fee
$0

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