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120 S Avenue 64
Los Angeles CA 90042 US

$3,100,000

Pending Listing ID 24-348293
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5 bed
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Lot: 0.14 Acres
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Other

$3,100,000

Pending Listing ID 24-348293
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120 S Avenue 64 Extraordinary Investment Opportunity for Thrilling Mixed-Use Ownership with Limitless Potential. Brace yourself for this captivating Victorian treasure, meticulously reenergized and reimagined by acclaimed interior designer Joshua Cain. Tucked within the vibrant Highland Park HPOZ, a hub buzzing with LA's trendiest retail hotspots. Among the six existing units, the ground floor hosts 2 radiant commercial spaces, tailor-made for bustling retail activity or a dynamic office setup. Currently home to a thriving medi spa and a hair salon, this area is a playground for innovation, ready to accommodate legal practices, art studios, boutique ventures, and beyond. As if that's not enough, there are four rental units that can remain residential or turned into office space. This meticulously refurbished late 19th-century gem beckons both daring owner-occupiers and astute investors to seize an extraordinary opportunity in the coveted Highland Park scene. With an investment of approximately $1.5 million, this restoration project has infused the property with unparalleled value and quality. As mentioned this property boasts two dynamic commercial units. Coupled with these are four residential apartments: two inviting studio bedroom units, and two airy three-bedroom units which can be used as a 30 day+ Airbnb immediately. A triumphant transformation has revitalized these residential units, breathing new life into their very core. All units can be delivered vacant at COE. Additionally, commercial tenants and occupants of the studio-bedroom units are open to staying after COE, adding more appeal to this amazing investment. The adjacent parking lot address 116 S. Ave. 64, APN - 5492036032 is included in this sale.

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Property Features

  • Facts
  • Lot Size: 0.14 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 3100000
  • unparsedaddress: 120 S Avenue 64
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90042
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1379
  • lotsizeunits: Acres
  • lotsizearea: 0.1379
  • livingarea: 4371
  • livingareaunits: Square Feet
  • latitude: 34.113739
  • longitude: -118.181717
  • listagentfullname: Marisa Tranquilli
  • listagentemail: marisat@kw.com
  • listagentkey: 3yd-CLAWCA-X67912
  • listagentmlsid: X67912
  • listagentpreferredphone: 3237622600
  • listagentofficephone: 3237622600
  • listofficekey: 3yd-CLAWCA-X74850
  • listofficemlsid: X74850
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1900
  • listingcontractdate: 2024-01-15
  • listagenturl: http://www.kwlarchmont.com
  • countyorparish: Los Angeles
  • parcelnumber: 5492-036-031
  • heating: Central Furnace
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 6
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Victorian
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.181717, 34.113739
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Listing Changed: 3/26/2024 1:12:12 PM GMT
Source Updated Date: 5/3/2024 6:56:11 AM GMT

Courtesy of: Marisa Tranquilli, Keller Williams Larchmont, marisat@kw.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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