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609 W Avenue 28, Los Angeles, CA 90065

$1,434,000

  • For Sale
  • Active
  • Multi-Family
609 W Avenue 28, Los Angeles, CA 90065 View this property at 609 W Avenue 28, Los Angeles, CA 90065
609 W Avenue 28 Los Angeles CA 90065

Property Description

Highland Park Adjacent! A highly unique multifamily investment opportunity in the Cypress Park community of Los Angeles! This fantastic location is just blocks from the LA River and Figueroa, and is situated in a rapidly transitioning mixed use pocket that now houses art galleries as well as 4.5-5 star Yelp reviewed restaurants within blocks of the property! In addition, the Riverview Residences affords residents a hillside retreat feel, as it is situated on an expansive lot of more than 13,000 SF, lined with palm trees and holding two structures. The upper structure has excellent views of Dodger Stadium fireworks, the Hollywood sign and Griffith Observatory. There is open parking for all tenants as well as a gated side yard facing Idell
that can be converted to a garden, private patio, additional storage area, etc. The property is separately metered for gas & electricity, has income producing on-site laundry facilities, and 6 of the 8 units feature copper plumbing!

Full Property Details for 609 W Avenue 28

  • Price: $1,434,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 16-182372
  • Updated: 2/27/2017
  • Added: 116 day(s) ago

Property History

  • 609 W Avenue 28, Los Angeles, CA
  • Reduced to $1,434,000 on 12/29/16
  • Listed at $1,449,000 on 11/28/16

Interior

  • Interior Features: Other

Rooms

Other Rooms

  • Laundry: Laundry Area, Laundry Area

Additional Information

  • Pool Description: No Pool

Parking

  • Parking Type: Parking Space

Location

  • Area: Cypress Park (CYPK)
  • County: Los Angeles
  • Development Name: Cypress Park (CYPK)
  • Driving Directions: From Figueroa, turn west onto Cypress Avenue, then turn left onto Cypress Avenue.

Heating & Cooling

  • Heating Type: Other

Structural Information

  • # Buildings: 2
  • Square Feet: 4,572
  • Year Built: 1955

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size Source: Other
  • Zoning: LARD2

Financial Considerations

  • Price Per Sq. Ft.: $313.65

Disclosures and Reports

  • Legal Disclosures: Rent Control

Listed by Keller Williams Studio City, Nicole Apostolos - CA DRE: 01464936 and Dana Coronado - CA DRE: 01746702

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Estimate the Cost

609 W Avenue 28 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

609 W Avenue 28, Los Angeles, CA 90065 (MLS# 16-182372) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 609 W Avenue 28 is currently listed for $1,434,000 and was received on November 28, 2016. Want to learn more about 609 W Avenue 28? Do you have questions about finding other Multi-Family real estate for sale in Cypress Park? You can browse all Cypress Park real estate or contact a Coldwell Banker agent to request more information.

Listed by Keller Williams Studio City, Nicole Apostolos - CA DRE: 01464936 and Dana Coronado - CA DRE: 01746702

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