75
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$2,050,000
Est. payment /mo
9 Beds
8 Baths
0.43 Acres Lot
New
218 Thorne Los Angeles, CA 90042
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26185527
Bedrooms 9
Lot Size 0.432 Acres
Property Sub-Type Res Income 2-4 Units
Property 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
State CA
County Los Angeles
Zoning Assessor
Direction Adjacent to 110 Freeway
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5492040032
Acceptable Financing Cash
Listing Terms Cash
Listed by Julian Mangine, DRE#02103168 eXp Realty of Greater Los Angeles, Inc.
NEARBY SCHOOL & BUSINESS
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