Residential Income in Los Angeles

$2,050,000

218 Thorne, 90042, Los Angeles, CA

Residential Income for sale in Los Angeles, 218 Thorne, 90042

218 Thorne, 90042, Los Angeles, CA

$2,050,000

Type: Residential Income

Description

6 unit property on large lot with Four 2 Bedroom 1.5 Bath units & Two 3 Bedroom 2 Bath units. 3 units currently vacant with one of them being a 2 Bedroom that has been recently renovated. Additional 2 bedroom and 3 bedroom units are vacant. Property has been an apartment but has recently gotten approved with the City for use as a condo but will still have to undergo the California DRE process of condo conversion to complete the process. Potential for that is similar to next door 232 Throne which was constructed at the same time and is now 6 individual condos with separate ownership (one of which sold in 2022 for 600k) Buy this property as a traditional rental or look for the potential for condo conversion.

Location

218 Thorne, 90042, Los Angeles, CA

Data

Object TypeResidential Income
Purchase Price$2,050,000
Living Space0 m²
Plot Size1748.16 m²
BathroomsN/A
Construction Year1978
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeCentral
Primary Energy SourceN/A
Construction Year1978
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent