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Very rare two adjacent live/work loft spaces at Puerta Del Sol complex in prime downtown Los Angeles, Units 121 and 122. These townhome style units are street facing, with direct access to the exterior of the property. The units are combined and leased by a government tenant. The complex features secure entry, underground parking, residential, commercial and retail space, and is convenient to downtown and major freeways. These units present a rare opportunity and must be sold together. Price listed of $499,000 is total for both units purchased together. Both units combined rent for $6,003/mo with NOI of $47,076 per year. This is a true 9.4% CAP property, with over a 10% return if leveraged.
| Last Updated | 4/29/2012 | Year Built | 2006 |
|---|---|---|---|
| Community | Downtown L.A. | County | Los Angeles |
| Total Parking | 4 |
 Walk Score ®
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0
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Price History
| Prior to Mar 11, '12 | $499,000 |
|---|---|
| Mar 11, '12 - Apr 16, '12 | $498,000 |
| Apr 16, '12 - Today | $489,000 |
Additional Details
| Appliances | Dishwasher, Dryer, Refrigerator, Washer |
|---|---|
| Association Amenities | Banquet Facilities, Controlled Access, Gym/Ex Room |
| Association Rules | PetsPermitted |
| Building Size | 2560 |
| Building Structure Style | Contemporary |
| CARETS Listing Status | Active |
| Cooking Appliances | Microwave, Range |
| Cooling Type | Central A/C |
| Covered Spaces Total | 2 |
| Floor Material | Carpet, Hardwood, Tile (N) |
| Heating Type | Central Furnace |
| HOAFee1 | 317.5 |
| Laundry Locations | Inside |
| Legal Disclosures | Take Property As Is (N) |
| ListingAgreement | Exclusive Right To Sell/Lease |
| Parking Spaces Total | 4 |
| Parking Type | Underground |
| Pool Descriptions | No Pool |
| Rooms | LivingRoom, Loft, Office |
| Security Safety | Gated Community |
| SpecialConditions | Standard Sale |
| Square Footage Source | Other |
| Tax Parcel Number | 5205012030 |
| Total Floors | 2 |
| Unit Floor In Building | 1 |
| Unit Number | 122 |
| Units Total In Complex | 165 |
| View | No View |
| Will Consider Lease YN | N |
| Zoning | LACM |
Location
Bird's Eye
Listed with Richard Schulman DRE# 01427211, Keller Williams Rlty Westside
Contact us about this Property
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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
Date last updated: 5/21/12 7:57 PM PDT
This IDX solution is (c) Diverse Solutions 2012.
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