1934 SANTA YNEZ Street, Los Angeles, CA 90026
Property · 2 recorded sales since 2018
Sold October 2019
Listing Agent: Derrick Vartanian (DRE #01816119) · Listing Office: KW Advisors · Contact: 310-482-2200 · Bought with: Brian Whitcanack · Pinnacle Estate Properties · MLS #19445118 · Source: CRMLS
About this property
We are pleased to present 1934 Santa Ynez Street. A four unit wood frame stucco multifamily investment opportunity in Echo Park built in 1911 consists of 2,920 SF of living area. The quadruplex consists of four spacious One Bedroom/One Bathroom Units on a 4,998 SF lot zoned LAC-2. Two of the units contain small bonus rooms that can be used as office space. THE SUBJECT PROPERTY IS 100% VACANT. The vacancy allows for a rare opportunity for an investor to rebrand the property and rent all units at market rates. Further, the property is zoned C-2 which offers present and future potential for development of a myriad of projects ranging from Multifamily (12 units by right Buyer to Verify), Condos, Mixed-Use, and Retail along with several different use codes including but not limited to Business, Education, Community, Entertainment, Medical, etc. (Buyer to Verify). The current vacant building allows for an investor to immediately eliminate relocation costs of tenant
Listing description from the October 2019 sale, as reported to CRMLS.
Sale history
