For Sale Multi-Family MLS# 26998963

945 S Park View Street

Los Angeles, CA 90006

$1,000,000

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About 945 S Park View Street

Positioned in the core of the dynamic Pico-Union submarket at 945S Park View St, this multi-family property offers an exceptional urban investment opportunity characterized by strong historical character and significant operational upside. Originally constructed in 1903, the low-rise asset features desirable walk-up style apartments with spacious layouts that average almost 1,300 square feet per unit, complemented by classic architectural details such as crown molding and individual unit balconies. Situated on a 6,788 square foot lot with a highly walkable neighborhood score, the location provides tenants with immediate access to local retail, public transit corridors, and nearby employment centers in Downtown Los Angeles and Koreatown. The scheduled gross income is currently $8,174 per month. This is an attractive value-add profile for investors seeking long-term growth in a high-demand rental market

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1903
Stories
2
Living area
7,790 sqft
Price / sqft
$128
Lot
0.1558
Original price
$1,000,000
MLS #
26998963

Exterior & lot

Features
Parking spaces: 0
Construction
2
Lot
LAR4

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Other
Sewer
Other

Financial

Parcel
5136002012
Special conditions
Standard

Location

Area
C42 - Downtown L.A.
County
Los Angeles
Neighborhood
Westlake
Directions
North of Pico and East of Hoover

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Listed by Jerome McAlpin, McAlpin & Company

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.