CA > Los Angeles
Los Angeles, CA 90028,1734 Taft AVE
Los Angeles, CA 90028,1734 Taft AVE
Los Angeles, CA 90028,1734 Taft AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
17
Jun
Wed
18
Jun
Thu
19
Jun
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,100,000
Est. payment /mo
15 Beds
12 Baths
14,029 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,029 sqft

Price per Sqft $292

MLS Listing ID 25553309

Bedrooms 15

HOA Y/N No

Year Built 1957

Lot Size 0.418 Acres

Property Description

We are pleased to present a twenty (20) unit apartment building located at 1734-1740 Taft Avenue in Los Angeles, California. The subject property is located in a prime Hollywood location, north of Hollywood Boulevard and west of Western Avenue. Built in 1957 and 1958 respectively, this classic mid-century property is located in a prime Hollywood location, adjacent to the highly desirable Los Feliz neighborhood. Situated on a rare 18,224 SF double lot with two separate APNs, the property offers an excellent unit mix consisting of one (1) studio, fourteen (14) one-bedroom units, and five (5) two-bedroom units two of which will be delivered vacant and un-renovated, providing immediate value add potential. This multifamily asset features an on-site laundry facility, full on-site covered parking, and is soft story retrofit exempt. This offering presents a unique opportunity to convert the existing carports into multiple ADUs (up to 16), dramatically increasing potential income. Some of the buildings' recent upgrades include a new roof on both buildings and new electrical subpanels and breakers in 1740. This legacy asset on the market for the first time in 50 years represents a rare and strategic investment opportunity in one of LA's most sought-after submarkets. Nestled in a prime Hollywood Location, this offering presents an excellent opportunity for an investor to capitalize on a classic Hollywood mid-century asset priced at only $205,000 per unit and$224 per SF for the land.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LARD1.5

Interior

Fireplace No

Exterior

Parking Features Carport

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5586034021

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Jason Tuvia • Marcus & Millichap

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
 
Serving Southern California

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

There are 30 quick searches