The property is 4 unit, zoned R3-1 and situated in the Dockweiler pocket of Los Angeles. There is aggressive financing for up to $1,202,000, available through FHA loanprograms for first time Buyers. A Buyer who is looking to occupy at least 1 of the 4 units can easily obtain this highly leveraged loan. This site also lends itself to a development opportunity since it has favorable zoning allowing for a dense project. A Buyer could also entitle the site strategically, while purchasing with 94% financing at the current listed price.
Off market
$1,421,300
1255 West Blvd, Los Angeles, CA 90019
6beds
4baths
3,085sqft
MultiFamily
Built in 1922
-- sqft lot
$1,421,300 Zestimate®
$461/sqft
$3,592 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Other
Cooling
- None
Interior area
- Total interior livable area: 3,085 sqft
Property
Parking
- Parking features: Garage - Detached
Lot
- Size: 9,861 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1922
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- PropertyType: Residential Income
- SourceLotSizeArea: Assessor
- UnitTypeType: 1
- Heating: Other
- SourceLivingArea: Owner
- ListingArea: Hancock Park-Wilshire
- SourceLotSizeDimensions: Assessor
- ListingStatus: Active Under Contract
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Estimated market value
$1,421,300