275 Lucas Avenue, Los Angeles, CA 90026
Property
Sold February 2024
Listing Agent: Josh Cohen (DRE #01346713) · Listing Office: Keller Williams Beach Cities · Contact: 310-480-2130 · Bought with: Josh Cohen · Keller Williams Beach Cities · MLS #SB23169809 · Source: CRMLS
About this property
Available for sale for the first time in nearly 42 years, the property has had most of it's systems upgraded, including a brand new roof (just weeks ago), a full copper re-plumbing, individual utility meters for all units (gas and electric), and completed seismic retrofit work! The unit mix consists of fourteen Studio units and eight 1 bedroom units, with projected upside of 67% +/- for a new owner! The building sits on a 12,000 square foot lot which includes 24 parking spaces (some covered) and community laundry for tenants (leased through WASH). The property has a great walk score of 89, meaning that the immediate area is flush with tenant amenities and high quality attractions - allowing tenants to easily take care of errands. 275 Lucas is also terrifically positioned just outside of Downtown, with convenient access to most major freeways.
Listing description from the February 2024 sale, as reported to CRMLS.
Sale history