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    1575 Manning Avenue

    Los Angeles (City), CA 90024
    • $2,895,000
    • STATUS: Active
    • ON SITE: 283 days
    • ID#: 19517464
    UPDATED: 61 min ago
    $2,895,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    BACK ON THE MARKET! Prime Westwood location, south of Wilshire Blvd. Newly remodeled three unit property in a prime Westwood area consisting of one 2 bedroom and two 3 bedroom units. Owner has hired architect to develop plans, per approved TOC Tier 2 density bonus, for 12 two bedroom apartments. Property to be delivered VACANT, owner can choose between renting at market value, or continuing with plans for development. Sold AS-IS

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-14T20:29:53.297. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.

    www.teamforss.com/homes/99591947
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    1575 Manning Avenue Los Angeles (City), CA 90024

    • Price: $2,895,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: 19517464
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1947
    Built
    Neighborhood:
    C05 - Westwood - Century City
    County:
    Los Angeles
    Area:
    C05 - Westwood - Century City
    Property Description
    BACK ON THE MARKET! Prime Westwood location, south of Wilshire Blvd. Newly remodeled three unit property in a prime Westwood area consisting of one 2 bedroom and two 3 bedroom units. Owner has hired architect to develop plans, per approved TOC Tier 2 density bonus, for 12 two bedroom apartments. Property to be delivered VACANT, owner can choose between renting at market value, or continuing with plans for development. Sold AS-IS
    Exterior Features

    Lot Size Units Square Feet Parking Features Garage - Two Door Parking YN Yes

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Heating Forced Air Heating YN Yes

    Property Features

    Gross Income 164820.00 Gross Multiplier 19.38 Gross Operating Income 164820.00 Land Lease YN No Net Operating Income 111589.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 53231.00 Vacancy Allowance Rate 100.00 Zoning Lar3

    Listing provided courtesy of Matthew Conrad of Matthew Conrad


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-14T20:29:53.297. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.

     
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