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2420 South Western Avenue
Los Angeles CA 90018 US

$9,000,000

Pending Listing ID P1-19129
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Multi Family

$9,000,000

Pending Listing ID P1-19129
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2420 South Western Avenue Built in 1990, the fully occupied 40-unit apartment building at 2420 S Western Avenue sits on a large 35, 439 square foot lot, offering plenty of space for future development. The 32, 705 square foot building, zoned LARD1.5, provides an excellent opportunity for investors looking to capitalize on a property with both modern construction and significant potential for expansion. Its prime location and generous lot size make it ideal for long-term growth and increased rental income. Offered under a bankruptcy sale, this property presents a rare chance to acquire a significant asset in a high-demand area. Buyers should be aware that the property is subject to various covenants and restrictions that may impact tenant selection, income, and rent levels. Prospective buyers are strongly encouraged to independently verify all information, including square footage and zoning regulations.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Multi Family

Property

  • propertytype: Commercial Sale
  • propertysubtype: Multi Family
  • listprice: 9000000
  • unparsedaddress: 2420 South Western Avenue
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90018
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 34.03405
  • longitude: -118.30842
  • listagentfullname: Brian L Parsons
  • listagentemail: brianparsons@kw.com
  • listagentkey: 3yd-VCMLSCA-20200728204140309026000000
  • listagentmlsid: 20200728204140309026000000
  • listagentpreferredphone: 6262043390
  • listagentofficephone: 6262043300
  • listofficekey: 3yd-VCMLSCA-20200728180838321546000000
  • listofficemlsid: 20200728180838321546000000
  • disclaimer: Copyright © 2024 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: VCMLSCA
  • yearbuilt: 1990
  • listingcontractdate: 2024-09-04
  • listagenturl: http://www.kw.com
  • countyorparish: Los Angeles
  • parcelnumber: 5058015009
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.30842, 34.03405
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Pasadena Market Center, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"brianparsons@kw.com", "ListBrokerageCity":"Pasadena", "ListBrokerageCountry":"US", "ListBrokerageEmail":"dev.null@listhub.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Pasadena Market Center, Inc.", "ListBrokeragePhone":"(626) 204-3300", "ListBrokeragePostalCode":"91101", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite #150", "ListBrokerageUnparsedAddress":"251 S Lake Ave", "ListBrokerageWebsiteUrl":"http://www.kw.com", "ListOfficeAddress1":"199 S Los Robles Ave #130, Pasadena, CA 91101", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Pasadena", "ListOfficeCountry":"US", "ListOfficeEmail":"KLRW457@KW.COM", "ListOfficePostalCode":"91101", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi Family - Los Angeles, CA", "ListingURL":"https://listings.listhub.net/pages/VCMLSCA/P1-19129/?channel=rexren", "MLSModificationTimestamp":"2024-10-16T16:15:31Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/24/2024 6:10:28 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Brian L Parsons, Keller Williams Realty, brianparsons@kw.com

Copyright © 2024 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.