5447 GEER AVENUE, LOS ANGELES, CA 90016

  • 3,668 sqft
  • Lot Size: 4,811 sqft
  • Built in 1963
  • MLS #SR21228279
For Sale $1,750,000

Description

We are pleased to present an excellent two-story building in the West Adams area of Los Angeles. Subject property is located close to the new VOX apartments on the corner of La Cienega and Jefferson Blvd. The project is a mixed use project that will consist of 1,200 new apartments as well as retail stores among them being Whole Foods Market. The Geer Apartments consist of three 2bedroom/ 1bathroom units and one 2bedroom/ 2bathroom townhouse style unit. Owner's unit can be delivered vacant for an owner-user opportunity. New roof installed 3 years ago, copper plumbing, freshly painted exterior. Two of the units have remodeled kitchens and bathrooms. The property was built in 1963 and has approximately 3668 sq/ft living area per assessor. Each unit is separately metered and has its own individual water heater. The Subject property is located in an Opportunity Zone and May be Eligible for Preferential Tax Treatment. The West Adams Neighborhood is a rapidly growing urban area with the LA Metro Rail nearby providing quick transportation from Santa Monica to Downtown LA. West Adams is close to Culver City, Santa Monica, Beverly hills and Downtown LA. See Offering Memorandum in supplements.

FACTS / FEATURES

  • Built in 1963
  • Lot Size: 4,811 sqft
  • Parking: 5 spaces total

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Listing Provided by Anie Mayelian, Keller Williams Encino-Sherman Oaks
Based on information from California Regional Multiple Listing Service, Inc. as of November 29, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.