506 N Evergreen Avenue,  Los Angeles CA, 90033 (Residential Income)

16,472 sqft
Status: Sold
MLS#: TR14100678
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Last Updated: 12/10/2016 12:47 PM
Description for 506 N Evergreen Avenue Los Angeles, CA 90033
Boyle Heights, Location, Location, Location, Unique One Of A Kind Hotel, Potential Great Income if Fully Rented, Only 9 Rooms Currently Rented, 3 Parcels Of Land Plus 16,472 Sq. Ft Spanish Style Building, Huge Flat Grassy Park Like Yard, Lots Of Flat Usable Land For Additions, High Ceilings, Custom French Wood Windows And Doors, 40 Single Room Occupancy Hotel, Access To 8 Spacious Community Baths, Plus Some Rooms Have Private Baths, Split Two Story Level ,Garden Type Building With Spacious Basement Features Several Additional Rooms, 80% Vacant, Huge Community Kitchen, Office, Open Court Yard Situated In The Middle Of The Building, Huge Lobby, Laundry Room, Plus 2 Separate Legal Attached Lots At Rear Of Building, Parcels Included In Sale: # 5178-017-001, 5178-017-002, 5178-017-003, Combined Lot Size 44,165 Sq. Ft, (Over One Acre Of Land) Alley Access Provides Plenty Of Parking ( 14,700 Sq. Ft. Parking Area) This Huge Property Consists Of Half Of The Block, Lots Of Potential, Surrounded By Single Family Homes, Minutes From Downtown LA, Has Not Been On The Market For 34 Years.
Price
Sold Price:
$2,500,000
Sold Date:11/06/2014
Los Angeles
16,472 (approx)
TR14100678
Closed
Description
Boyle Heights, Location, Location, Location, Unique One Of A Kind Hotel, Potential Great Income if Fully Rented, Only 9 Rooms Currently Rented, 3 Parcels Of Land Plus 16,472 Sq. Ft Spanish Style Building, Huge Flat Grassy Park Like Yard, Lots Of Flat Usable Land For Additions, High Ceilings, Custom French Wood Windows And Doors, 40 Single Room Occupancy Hotel, Access To 8 Spacious Community Baths, Plus Some Rooms Have Private Baths, Split Two Story Level ,Garden Type Building With Spacious Basement Features Several Additional Rooms, 80% Vacant, Huge Community Kitchen, Office, Open Court Yard Situated In The Middle Of The Building, Huge Lobby, Laundry Room, Plus 2 Separate Legal Attached Lots At Rear Of Building, Parcels Included In Sale: # 5178-017-001, 5178-017-002, 5178-017-003, Combined Lot Size 44,165 Sq. Ft, (Over One Acre Of Land) Alley Access Provides Plenty Of Parking ( 14,700 Sq. Ft. Parking Area) This Huge Property Consists Of Half Of The Block, Lots Of Potential, Surrounded By Single Family Homes, Minutes From Downtown LA, Has Not Been On The Market For 34 Years.
Listing Information
Property Type: Cluster, 2 Story
1.01 Acres 16,472 (approx)
1914 2
Public Water Service
Sewer at Street
40 Total
Neighborhood
Room Information
Exterior / Lot Features
30 Parking Spaces
None
No Pool
Sidewalks
Financial Considerations
5178017001
$32,688 Income ,$17,484Expense
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90033 has a population of 3,804,503.

The median household income in Los Angeles, California 90033 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 90033 is 34.1 years.

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