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1614 WILSHIRE BLVD Boulevard
Los Angeles, CA 90017


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Property Remarks

This mixed-use apartment building was built in 2010 consisting of 12 Residential Units and 2 Street Retail Spaces. This property is well maintained currently with a resident manager, a few blocks from Downtown LA, easy access to FWY 110 and 10 and conveniently located right across the street from Food4Less, Homes Depot, Starbucks, Panda Express, Jersey Mike's, McDonalds just to name a few. There is strong investor/tenant demand in the area. Don't miss this great opportunity.

Property Details

MLS#
17269366
Days on Market
72
Year Built
2010
Stories
5
Building/Living Area (sq ft)
16,209
Source of SqFt
Estimated
Source of Lot Size
Vendor Enhanced

Location

State
CA
County
Los Angeles
Area
Downtown L.A. (C42)

Presented By:

Listing provided courtesy of Yeon Suh , New Star Realty


Exterior

Lot Acreage
0
Paved
No
Waterfront
No


Interior

Interior Features
Elevator
Cooking Appliances
Microwave
Range
Equip/Appliances
Dishwasher
Dryer
Garbage Disposal
Refrigerator
Washer
Laundry
Laundry Area In Unit

Additional Property Details

Number of Units
14
Parking Spaces
26
Number of Buildings
1
Gross Operating Income
$343,706
Total Expense
$96,541
ADA Compliance
No

AC/Cooling
Central A/C
Heating
Central Furnace
Parking
Underground

Downtown Los Angeles

The heart of the city, Downtown L.A. is dominated by skyscrapers, and a bustling urban core. Downtown, or as it is sometimes known, DTLA, is alive with hot restaurants, hip hotels, and nightlife that makes downtown a great place to live and play.

Real Estate: Lofts, condos and apartments for sale are prevalent in Downtown Los Angeles. Downtown Los Angeles is divided into several different areas including the Historic Core and the Fashion District. The Broadway area has been revitalized with many new condos and lofts being created in older buildings and new development underway. The area near L.A. Live and the Staples Center is particularly trendy.

Community Life: Downtown Los Angeles now boasts over 500 restaurants and has a burgeoning nightlife scene. Many people come to downtown to see a concert at Disney Hall or professional sports at Staples Center and the L.A. Convention Center plays home to a variety of events from art and design shows to conferences drawing businesspeople from around the world. Grand Central Market offers booths full of some of the most delicious food in the city.

Education: Downtown Los Angeles is served by the Los Angeles Unified School District. Local schools include the Ramon C. Cortines School of Visual and Performing Arts, Downtown Business High School, California Academy for Liberal Studies Early College High School, Para Los Niños Middle School, and others. Private schools include Saint Malachy Catholic Elementary School and American University Preparatory School. The Fashion Institute of Design & Merchandising is located downtown as is the Colburn School for music and the performing arts.

Transportation: Downtown is the hub of the rail transit system with six commuter lines, two subway lines, three light rail lines and many Metro bus routes passing through the city. Union Station is the main railway center and a historic landmark in the city.

Local Attractions:  From the city’s early beginnings on Olvera Street to new construction including the Broad Museum and the Wilshire Grand Tower there is a lot to see downtown. Popular draws include the Angels Flight staircase, Pershing Square with its own ice rink, the Bradbury Building, and the Los Angeles Public Library. 

Community Explorer

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