Views
Address
1550 Pleasant Avenue Los Angeles, CA
Price
$ 3,100,000
Property Attributes
  • MLS#SR20152942
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaBoyle Heights
  • Zip90033
  • Style
  • Price$ 3,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage45844
  • Lot Size0.37 Acres
Listing Provided Courtesy Of:
Edgar Koenig with Ed Koenig IRE.
Property Description

PROPOSED BUILD: 34 Apartments consisting of a mix with one studio, nine 1 bedrooms, eight 2 bedrooms, fourteen 3 bedrooms and two 4 bedroom units, all with 1 to 4 baths (see plans), Plus additional office space and a 420' room for recreational applications. Note: four units to be set aside for Affordable Housing. All units are designed with upgraded finishes, luxury flooring, stainless steel appliances and in unit washer and dryers and private balconies. Plenty of open space common area and rooftop deck for the tenants to enjoy. Boyle Heights is a seamless fit and prime for business and residential development. Pleasant View is a design of 5 levels of residential living and one level of proposed on grade parking (25 Autos). The total proposed building area is 52,311 sqft with a rentable area of 45,844 sq ft. ALTERNATIVE BUILD - Take Advantage of this Fully Entitled 34 Unit project an start from scratch to build 34 economically sized units (850 +/-sqft) utilizing the R3 zone and TOC/Tier 3 designation with an Affordable or Low Income Housing Project. Section 8 and Veterans (VASH) programs both Federally funded and guaranteed will pay up to $2,328 for 2 bedroom and $3,123 for 3 bedrooms apartments. This means guaranteed income through all types of financial markets, up and down. Utilize of the existing approved Soils Report, DWP Encroachment Application completed and cleared, paid Highway Dedication fees and cleared fire hydrant and access.

Price History
7/31/2020 Listed $3,100,000

General Features

Assessments Buyer to Verify
Attached Structure Attached
Co-Listing Agent Last Name Uzunyan
Co-Listing Agent Last Name Verzhine Gina
Co-Listing Agent State License # 00984953
Co-listing Agent Verzhine "Gina" Uzunyan - BRE#00984953
Community Features Sidewalks
Directions Boyle Avenue
Garage Spaces 0.00
HOA Fee 0.00
Levels Three Or More
Listagentaor Southland
Listing Agent Edgar Koenig - BRE#00831815
Listing Agent State License 00831815
MLS Area BOYH - Boyle Heights
Parking Features Subterranean
Pool Features None
Price Per Square Foot 67.62
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 34
View See Remarks
Zoning LAR3

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Laundry Features See Remarks
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 45844.00
Lot Features 0-1 Unit/Acre, Lot 10000-19999 Sqft
Lot Size Acres 0.3654
Lot Size Area 15918.0000
Lot Size Source Assessor
Lot Size Square Feet 15918.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Y/N Yes
Total Parking 25.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90033

Price
AVG $1.2M
$3.1M
Visits
AVG 24
39
Year Built
AVG 1932
2020

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