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811 Beacon Avenue, Los Angeles, CA 90017

Commercial property · 4 recorded sales since 2013

811 Beacon Avenue, Los Angeles, CA 90017 Sold August 2017 CRMLS
$2,200,000Sold August 2017

Listing Agent: XIAOQING WANG (DRE #01981881) · Listing Office: RE/MAX ADVANCED REALTY · Contact: 626-888-9808 · Bought with: General NONMEMBER · CRMLS · MLS #WS17105895 · Source: CRMLS

7,200
Building Sq Ft
19
Units
4.70%
Cap Rate
$102,344
NOI
9,301 sqft
Lot Size
1905
Year Built
LAR3
Zoning
Commercial property
Type

About this commercial property

Rare find very unique property. It has 19 rooms and 19 Bathrooms. Gorgeous grand stair. Excellent downtown location, minutes from the Staples Center, LA Live, Metropolis Los Angeles, 1200 Figueroa, Fig Central, world Famous billion dollar project, you name it. 
 
 Recently renovated this house, very spacious and well-maintained property like hotel quality. beautiful hardwood floors, newly painted rooms with furniture & Refrigerators included in the sale! Electric, roof, plumbing well-maintained. Investors opportunity to acquire a property with a tremendous amount of rental upside and huge potential for future development. Good for boarding house, Rooming house, Apt Hotel, Transient Lodgings etc. 
 
 Price negotiable, motivational seller.

Listing description from the August 2017 sale, as reported to CRMLS.

Sale history

$2,200,000
Sold August 2017 · on market May 2017 · MLS #WS17105895 · Source: CRMLS
Listing Agent: XIAOQING WANG · Listing Office: RE/MAX ADVANCED REALTY · Contact: 626-888-9808 · Bought with: General NONMEMBER · CRMLS
$2,200,000
Sold August 2017 · on market May 2017 · MLS #WS17105810 · Source: CRMLS
Listing Agent: XIAOQING WANG · Listing Office: RE/MAX ADVANCED REALTY · Contact: 626-888-9808 · Bought with: General NONMEMBER · Major Properties
$2,200,000
Sold August 2017 · on market May 2017 · MLS #WS17139914 · Source: CRMLS
Listing Agent: XIAOQING WANG · Listing Office: RE/MAX ADVANCED REALTY · Contact: 626-888-9808 · Bought with: General NONMEMBER · CRMLS
$555,000
Sold December 2013 · listed $400,000, on market June 2012 · MLS #12604907 · Source: CRMLS
Listing Agent: David Kim · Listing Office: RE/MAX Mega Group · Contact: 323-692-9900
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