518 S Park View Street
Los Angeles, CA 90057
MLS #BB17091628

  • 4units
  • 3,721sq ft
Active Under Contract $1,288,000
Est. P&I payment: $4919.29/mo
518 S Park View Street, Los Angeles, CA 90057
Description for 518 S Park View Street, Los Angeles, CA 90057
LOCATION, POTENTIAL and OPPORTUNITY! Four plex is in a desirable and high demand rental area seeing development and growth! Property is located in the Westlake area near MacArthur Park, Downtown LA and Koreatown! There are 2 separate buildings on a large approximate 7588 square feet lot. Front 2 story building has 3 units. Rear building has 1 unit above 4 car garage and rear of property offers 5 parking spaces. Each unit is separately metered for gas and electric. There is the possibility 3 bedroom unit and 4 car garage will be vacated at the close of escrow.
MLS #BB17091628
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My Notes for MLS #BB17091628

General Features

  • Number Of Buildings: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Year Built: 1904
  • Year Built Source: Assessor
  • Zoning: LAR4
  • Elevation Units: Feet

Exterior Features

  • Uncovered Spaces: 5
  • Lot Features: Lot 6500-9999,​Park Nearby
  • Lot Size SqFt: 7,588
  • Lot Size Units: Square Feet
  • Garage Spaces: 4
  • Parking Total: 9
  • Pool Features: None
  • Common Walls: 2+ Common Walls
  • Property Attached YN: 1

Interior Features

  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet

Utility Features

  • Water Source: Public
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Financial Features

  • Insurance Expense: 2,148
  • Price Per SqFt: 346.14
  • Water Sewer Expense: 2,400
  • Tax Lot: 29
  • New Taxes Expense: 16,100
  • Rent Control YN: 1
  • Tenant Pays: Cable TV,​Electricity,​Gas,​Trash Collection
  • Total Actual Rent: 2,550

Community Features

  • Community Features: Curbs,​Sidewalks,​Street Lighting

Miscellaneous Features

  • Building Area Total: 3,721
  • Building Area Units: Square Feet
  • Days On Market: 320
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 320
  • Tax Tract Number: N/A


Street View Not Available
Directions to 518 S Park View Street, Los Angeles, CA 90057
Between Ocean View Ave. and W. 6th St.
Listing information for 518 S Park View Street, Los Angeles, CA 90057 was graciously provided by our friends at the listing brokerage, Dilbeck Real Estate and by listing agent Herion Allen DRE# 00876616 and Quintero Gabriella DRE# 01512683

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P&I Payment $4919.29
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Last Updated 03/18/2018 at 4:39am
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