4722 York Boulevard

Highland Park, CA 90042
$4,998,800
Courtesy of Berkshire Hathaway Home Servic

Description

Amazing value add opportunity in Highland Park! Previously the York Motel, the property is a total of 12 residential income units and 1 office space. The residential and office units will be delivered VACANT with exception of one 1bd+1ba unit. There are two buildings. The building fronting York Blvd is one office space downstairs appx 1200sqft and a one bedroom and a studio upstairs. The second building has 10 units - 6) 2bd+2ba, 2) 2bd+1ba and 2) 1bd+1ba. There is also a two car garage and a laundry room. All units are very large and spacious. Total building size is over 10,000 sqft. The listing includes two parcels with total lot size of 19,000sqft. The second parcel is zoned C4 and currently being used as a parking lot. Soft story retrofit has been completed. Great location on York Blvd close to Occidental College, restaurants and shops.

  • Property Details
      • Lot description:SprinklersNone
      • Acres:0.4362
      • Parking spaces:2
      • Property type:Multi-Family
      • Year built:1963
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityAvailable, NaturalGasConnected, SewerConnected, WaterConnected
      • Subdivision:Not Applicable
      • County:Los Angeles
      • Original List Price:$4, 988, 000
      • MLS #:P1-16552
      • Cost:4998800
      • Property subtype:MixedUse
      • MLS #:P1-16552

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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