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350 S Reno St, Los Angeles, CA 90057

$17,495,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • Updated 3 days ago
350 S Reno St, Los Angeles, CA 90057 View this property at 350 S Reno St, Los Angeles, CA 90057
350 S Reno St Los Angeles CA 90057

Property Description

350 S. Reno Street is an excellent opportunity to acquire a true pride of ownership property in one of the best rental locations in prime Koreatown. The property was built in 1990 and is NOT subject to rent control, allowing for significant and immediate rental upside. This extremely well maintained property boasts a great unit mix consisting of all 2 bedroom 2 bath units, with 6 of the penthouse units featuring dramatic loft style units. All of the units are spacious, have a terrific floor plan, and offer an abundance of natural light. Most units feature upgraded and luxurious amenities including stainless steel appliances, quartz or granite countertops, hardwood floors (pergo), spacious kitchens/bedrooms/bathrooms, large balconies,
and central heat and air conditioning. Other property features include copper plumbing, tenant storage areas, a laundry room on each floor, security cameras, and gated parking consisting of side by side and tandem spots.

Full Property Details for 350 S Reno St

  • Price: $17,495,000
  • Status: Pending
  • Type: Multi-Family
  • MLS ID: 17-272294
  • Updated: 11/17/2017
  • Added: 62 day(s) ago

Property History

  • 350 S Reno St, Los Angeles, CA
  • Listed at $17,495,000 on 9/20/17

Interior

  • Appliances: Dishwasher, Refrigerator

Parking

  • Parking Type: Gated Underground Parking

Location

  • Area: Mid-Wilshire (C17)
  • County: Los Angeles
  • Development Name: Mid-Wilshire (C17)
  • Driving Directions: Prime Koreatown. Just South of 3rd Street.

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Furnace

Structural Information

  • # Buildings: 1
  • Square Feet: 38,612
  • Year Built: 1990

Unit Information

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Sq. Ft.): 14,254
  • Lot Size Source: Public Records
  • Zoning: LAR4

Financial Considerations

  • Price Per Sq. Ft.: $453.1

Disclosures and Reports

  • Legal Disclosures: Take Property As Is

Listed by Remax Commercial and Investment Realty, Jonathan Taksa - CA DRE: 01366169

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Estimate the Cost

350 S Reno St will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

350 S Reno St, Los Angeles, CA 90057 (MLS# 17-272294) is a Multi-Family property with 36 units containing 0 bedrooms and 0 full bathrooms. 350 S Reno St is currently listed for $17,495,000 and was received on September 20, 2017. Want to learn more about 350 S Reno St? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.

Listed by Remax Commercial and Investment Realty, Jonathan Taksa - CA DRE: 01366169