$1,299,000
716 Columbia Avenue,
Los Angeles CA, 90017
Opportunities galore just steps from 7th Street!
Property has two points of alley access - one pictured above.
Just steps from 7th st - a main artery into downtown.
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GET READY DEVELOPERS! Seldom does the opportunity come to obtain a prime location where this aging residential building sits. Just feet from bustling 7th street and the ever-growing westward commercial and residential expansion of downtown, this property and its 5,516 square feet of lot space is ready for your vision and creativity. Note that while tax rolls state SFR, property is actually a three unit building comprised of (2) two bed / 1 bath units and (1) one bed / one bath unit on the side of the building. Buyer to conduct their own diligence and satisfy themselves on zoning, permits, and suitability for future development. Seller is a trust and will sell property as part of a 1031 tax-exchange at no additional expense to buyer.
Details
| MLS# | PW20186039 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 216 |
Features
| SQ Feet | 2,309 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.13 |
| Water Front | No |
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| Area Information | |
|---|---|
| State | CA |
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90017 |
| Area | C42 - Downtown L.A. |
| Listing VS Median (in 90017) | |
Price: $1,299,000 low | high Med: $3,030 SqFt: 2,309 low | high Med: 837 $ / SqFt: $563 low | high Med: $4 On Site: 216 low | high Med: 83 Sourced by Back At You | |
Listing Updated: April 9, 2021 3:20:40 PM PDT
MLS Number: PW20186039Listing Provided By:
Chad Gordon of The Gordon Professional Group