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    4537--4545 S Santa Monica Blvd

    Los Angeles, CA 90029
    • $5,200,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: 20-610616
    $5,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Welcome to 4537-4545 S. Santa Monica Blvd., a Ready to Issue (RTI) mixed-use development located in the trendy Virgil Village neighborhood of East Hollywood. The subject offering presents an investor with anexcellent TOC 3 development site totaling +/-34,000 square feet situated on a 9,986 square foot lot. The building features 23 mostly two bedroom residential units with an average size of 755 square feet. +/-6,000 square feet of retail space makes this property ideal for multiple neighborhood uses. This project is also projected to produce an annual gross operating income of $1,080,792. The property is just one block from the corner of Santa Monica Blvd. and Virgil Avenue.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-20T23:42:32.963. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.alwaysyourrealtor.com/homes/108387459
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    4537--4545 S Santa Monica Blvd Los Angeles, CA 90029

    • Price: $5,200,000
    • Status: Active
    • ID#: 20-610616
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    Welcome to 4537-4545 S. Santa Monica Blvd., a Ready to Issue (RTI) mixed-use development located in the trendy Virgil Village neighborhood of East Hollywood. The subject offering presents an investor with anexcellent TOC 3 development site totaling +/-34,000 square feet situated on a 9,986 square foot lot. The building features 23 mostly two bedroom residential units with an average size of 755 square feet. +/-6,000 square feet of retail space makes this property ideal for multiple neighborhood uses. This project is also projected to produce an annual gross operating income of $1,080,792. The property is just one block from the corner of Santa Monica Blvd. and Virgil Avenue.
    Exterior Features

    Cross Streets Santa Monica Blvd. And Westmoreland Avenue Horse YN No Lot Location CityNear Public Transit Lot Size Area 9986 View Description None View YN No Water Frontage None

    Property Features

    Cable YN Yes Public Street YN True Sale Type Standard Site Description City Source Lot Size Area Developer Zoning C2-1D

    Listing provided courtesy of Oron Maher DRE#02062365 of California Real Property, Inc.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-20T23:42:32.963. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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