1906 CIMARRON Street, Los Angeles, CA 90018

About this property

We are pleased to offer for sale a 12-unit (9 Residential + 3 Commercial) mixed use property located at 1906 Cimarron Street. The offering presents an investor the opportunity to acquire a vintage style brick building with substantial value-add remaining in an emerging infill neighborhood of Los Angeles. The property consists of two buildings totaling 10,010 square feet on a 7,497 square foot parcel. The unit mix is comprised of four studio units, five one-bedrooms and three commercial units. Five out of the nine residential units have been renovated and three apartments will be delivered vacant. There are four garages serving the rear building for parking. Currently all three commercial spaces are in good condition and vacant. In the last three years current ownership has invested money into a new roof, a new water heater, and a new on-site laundry room.

Listing description from the August 2020 sale, as reported to CRMLS.

Sale history

$1,680,000

Sold August 2020 · listed $2,300,000, on market June 2020 · MLS #20583712 · Source: CRMLS

Listing Agent: Sean Rosenzweig · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Sean Rosenzweig · Marcus & Millichap

$1,950,000

Sold January 2017 · listed $2,000,000, on market December 2016 · MLS #16183768 · Source: CRMLS

Listing Agent: Michael Sean Bates · Listing Office: Hilton & Hyland · Contact: 310-278-3311 · Bought with: Subscriber Non · Non-Participant Office

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