1016 N Alvarado,  Los Angeles CA, 90026 (Commercial)

Status: Sold
MLS#: SB14204027
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Last Updated: 12/9/2016 2:47 AM
Description for 1016 N Alvarado Los Angeles, CA 90026
Lender owned. Vintage 7500 sq. ft. concrete building built in 1928 on 50x150 C2 lot 3 doors from Sunset Blvd. Near-new roof, 6 large skylights, new electricity & plumbing. Borrower reportedly spent 98K before running out of $. OWC 1st TD w/10% down, @ 7.25% amortized over 30, due in 10. Drive-in rollup door, vaulted trusses, apx 16` ceilings, tons of natural light, lots of character and history: originally a police station, then the body shop where James Dean`s Speedster was taken after his fatal crash. You could fit a ton of cars in here. C2 zoning allows many uses (mixed use, residential income, etc.) - tell city what you have in mind (see agent remarks for number).
Price
Sold Price:
$1,250,000
Sold Date:12/15/2014
Los Angeles
SB14204027
Closed
Description
Lender owned. Vintage 7500 sq. ft. concrete building built in 1928 on 50x150 C2 lot 3 doors from Sunset Blvd. Near-new roof, 6 large skylights, new electricity & plumbing. Borrower reportedly spent 98K before running out of $. OWC 1st TD w/10% down, @ 7.25% amortized over 30, due in 10. Drive-in rollup door, vaulted trusses, apx 16` ceilings, tons of natural light, lots of character and history: originally a police station, then the body shop where James Dean`s Speedster was taken after his fatal crash. You could fit a ton of cars in here. C2 zoning allows many uses (mixed use, residential income, etc.) - tell city what you have in mind (see agent remarks for number).
Listing Information
Property Type: Industrial, Other
0.17 Acres 1928
Neighborhood
Room Information
Exterior / Lot Features
None
50 X 150
LAC2
Financial Considerations
5404003024
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90026 has a population of 3,804,503.

The median household income in Los Angeles, California 90026 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90026 is 34.1 years.

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Courtesy: Nordine Realtors, Inc. Leo Nordine
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