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Map
$2,109,017*
●
Multifamily -
Off Market
518 S Park View Street
Los Angeles, CA 90057
Studio
0 Bath
3715 Sqft
$1,796,000 - $2,194,000
Reference Base Price*
5.72%
Since Mar 1, 2023
CA-Los Angeles
Primary Model
About This Property
Incredible Development Project!!! Situated in a OPPORTUNITY ZONE,
this property is perfectly located in the thriving revitalized area
of Macarthur Park/Westlake where currently there are a number of
new apartment developments just completed. This property,
which sits on a above average R4 zoned Lot is also located in a
Trans Oriented Community (TOC) Tier 3 which allows the development
of a brand new 30 units apartment building, 6 stories and 1
basement with a roof top using the 70% Bonus Density. Only 3
affordable units would be required of the 30 proposed units.
Current tenants are month to month.
The manager has listed the unit size as 3715 square feet.
The manager has listed the unit size as 3715 square feet.
Unit Size
3,715Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$537
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1904
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2023 | No longer available | - | |
| No longer available | |||
| Aug 9, 2022 | Price Increased |
$1,995,000
↑ $100K
(5.3%)
|
|
| Price Increased | |||
| Aug 3, 2022 | Listed | $1,895,000 | |
| Listed | |||
Property Highlights
518 S Park View Street
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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
Active
Multifamily
4
Beds
2
Baths
2,875 ft²
$696/ft²
$1,999,999
Sep 26, 2022
-
-
Active
Multifamily
6
Beds
10
Baths
5,610 ft²
$285/ft²
$1,599,000
Feb 10, 2023
-
-
Multifamily
13
Beds
9.5
Baths
5,840 ft²
$291/ft²
$1,700,000
Mar 9, 2023
-
-
Active
Condo
2
Beds
2.5
Baths
1,720 ft²
$1,162/ft²
$1,998,000
Nov 12, 2021
-
$1,600/mo
Active
Condo
2
Beds
2.5
Baths
1,720 ft²
$1,058/ft²
$1,820,000
May 16, 2023
-
$1,653/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/03/2022
|
|
Studio
|
-
|
3715 ft²
|
$1,895,000
Studio
-
3715 ft²
|
-
-
|
-
|
Aristide Buhoiu
Royal Estate Properties
|
|
07/31/2019
|
|
5 Bed
|
4 Bath
|
2819 ft²
|
$1,950,000
5 Bed
4 Bath
2819 ft²
|
-
-
|
-
|
-
|
|
04/27/2017
|
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
-
|
Building Info
518 South Park View Street
518 South Park View Street, Los Angeles, CA 90057
