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208 W 14TH Street, Los Angeles, CA 90015 (MLS # 18390868)

Price $8,200,000
Status Active
Beds 0
Baths 0 bath
Home size 23,280 sq ft
Lot Size 6,322 sqft
Days on Market 18
The Casa Loma, is a 60-unit apartment community/hotel in the rapidly developing South Park district of Downtown Los Angeles. Blocks away from AEG's $1.2-billion expansion at L.A. Live, the Casa Loma is also directly adjacent to two large mixed-use developments, including Jade Enterprises' .67 acre "Emerald" project. Not featured on the market in nearly 20 years, the Property, constructed in 1921, consists of 60 units above four retail stores. All the units are currently operating as rent-controlled apartments. The original Certificate of Occupancy specifies that the building is a "4 Story, Class C, 65 rooms, Hotel and Stores." Buyer retains the option to either continue to operate the building as a rent-controlled apartment with significant upside or investigate the possibility of returning the property to its original usage. The Property is master-metered for both gas and electric. Major systems upgrades include a newly-installed elevator, copper plumbing, and updated electric.
Property Type(s): Residential Income
Last Updated 10/1/2018 Year Built 1914
Community C42 - Downtown L.A. County Los Angeles

Additional Details

AREA C42 - Downtown L.A.
GARAGE Uncovered
LOT 6323 sq ft
LOT DESCRIPTION Sprinklers None
STORIES 4
ZONING LAC2

Location

 

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Listing provided by : Zachary Freehling CalDRE:01879326, Coldwell Banker Residential Br

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 10/16/18 2:39 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2018.

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