Property Showcase

6753 SELMA AVELos Angeles, CA 90028

$3,450,000
Multi-Family
Status: For Sale Under Contract
  • Bed:
  • Bath:11
  • Sqft:
  • MLS#: 17240432
34.099948883056641-118.33760833740234
Courtesy Of Jonathan Prakash, BRE #: 01483131, Keller Williams Silicon Beach

Description:

$350,000 PRICE REDUCTION! We are pleased to present The Selma Apartments. We believe the unique circumstances of the offering (DELIVERED FULLY VACANT & C-4 ZONING) allow for three distinct investment strategies. #1 - Asset Conversion Play - The Selma Apartments offer a opportunity for an investor to reposition the asset and convert it into an assortment of uses. The property is zoned C-4, allowing it to be converted into a number of possibilities, including but not limited to: office, medical and retail space as well as hospitality, to name a few (buyer to verify). #2 - Multi-Family Apartment Play - The property will be delivered fully vacant. The vacancy allows for a unique opportunity for an investor to renovate and rebrand the property and bring all units to market rent. #3 - Development Play - Zoned LAC4, this parcel presents a promising opportunity for a developer to build, by right, 15 apartment or condo units in a very dense rental pocket of Hollywood (buyer to verify).

Main Features:

Listing Status For Sale Under Contract Year Built 1959
County Los Angeles Rental Price $0
Units 11 Zoning LAC4

Additional Features:

Cooling Window Unit(s)
Has Pool N
Heating Wall Gas
Interior Features Other
Special Conditions Standard Sale

Extra Features:

MLSSystem ID CARETS_CLAW

Based on information from CARETS as of the timestamp below. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information deemed reliable but not guaranteed.
Copyright© 2018 California Real Estate Technology Services. All Rights Reserved.
Last Updated On: 2/18/2018 4:01:45 AM

6753 SELMA AVE, Los Angeles, CA 90028

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Based on information from CARETS as of the timestamp below. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Information deemed reliable but not guaranteed.
Copyright© 2018 California Real Estate Technology Services. All Rights Reserved.
Last Updated On: 2/18/2018 4:01:45 AM

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