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Map
$2,880,000 - $3,520,000
●
Multifamily -
Off Market
275 Lucas Avenue
Los Angeles, CA 90026
1 Bed
2 Baths
10758 Sqft
About This Property
Available for sale for the first time in nearly 42 years, the
property has had most of it's systems upgraded, including a brand
new roof (just weeks ago), a full copper re-plumbing, individual
utility meters for all units (gas and electric), and completed
seismic retrofit work! The unit mix consists of fourteen Studio
units and eight 1 bedroom units, with projected upside of 67% +/-
for a new owner! The building sits on a 12,000 square foot lot
which includes 24 parking spaces (some covered) and community
laundry for tenants (leased through WASH). The property has a great
walk score of 89, meaning that the immediate area is flush with
tenant amenities and high quality attractions - allowing tenants to
easily take care of errands. 275 Lucas is also terrifically
positioned just outside of Downtown, with convenient access to most
major freeways.
The manager has listed the unit size as 10758 square feet.
The manager has listed the unit size as 10758 square feet.
Unit Size
10,758Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$297
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1964
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 1, 2024 | No longer available | - | |
No longer available | |||
Oct 27, 2023 | In contract | - | |
In contract | |||
Oct 6, 2023 | Price Decreased |
$3,200,000
↓ $400K
(11.1%)
|
|
Price Decreased | |||
Sep 11, 2023 | Listed | $3,600,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
3
Beds
3.5
Baths
2,440 ft²
$1,229/ft²
$2,999,000
Jun 1, 2023
-
$3,659/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
About Central LA
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