3263 Arroyo Seco Avenue

    Los Angeles (City), CA 90065
    • $2,290,000
    • STATUS: Active
    • ON SITE: 7 days
    • ID#: 18362056
    UPDATED: 24 min ago
    $2,290,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,881
      SQFT
    • $795
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Stunning trophy asset located in the path of progress in Cypress Park Village near Taylor Yard project; tons of unique components and features facilitated by an architectural designer highly regarded by industry publications. After a 2-year design-and-build process, this one-of-a-kind mixed-use arts complex is timeless. Each space has been thoughtfully designed, with large communal zones intended for social experiences between tenants and their guests. Convenient to Metro Gold Line and LA freeways, perfect for commuters and business owners. The retail space offers a flexible opportunity to showcase products, art compositions, or client exhibitions, with an additional flow of patrons expected from popular neighboring areas such as Silver Lake, Atwater Village, and River communities by way of the new Figueroa St bridge. Within blocks of cultural institutions, including artist-owned retail shops, galleries, and cafes, as well as a Starbucks Coffee under construction across the street.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T22:28:53.15. 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.
    www.amazingtemeculahomes.com/homes/85427393

    3263 Arroyo Seco Avenue Los Angeles (City), CA 90065

    • Price: $2,290,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: 18362056
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    2,881
    SQFT
    $795
    $/SQFT
    1949
    Built
    Neighborhood:
    CYPK - Cypress Park
    County:
    Los Angeles
    Area:
    CYPK - Cypress Park
    Property Description
    Stunning trophy asset located in the path of progress in Cypress Park Village near Taylor Yard project; tons of unique components and features facilitated by an architectural designer highly regarded by industry publications. After a 2-year design-and-build process, this one-of-a-kind mixed-use arts complex is timeless. Each space has been thoughtfully designed, with large communal zones intended for social experiences between tenants and their guests. Convenient to Metro Gold Line and LA freeways, perfect for commuters and business owners. The retail space offers a flexible opportunity to showcase products, art compositions, or client exhibitions, with an additional flow of patrons expected from popular neighboring areas such as Silver Lake, Atwater Village, and River communities by way of the new Figueroa St bridge. Within blocks of cultural institutions, including artist-owned retail shops, galleries, and cafes, as well as a Starbucks Coffee under construction across the street.
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Appliances RefrigeratorDishwasher Appliances YN Yes Laundry Features Dryer IncludedStackableWasher Included

    Property Features

    Cap Rate 4.91 Gross Multiplier 13.75 Gross Operating Income 166500.00 Improvements Amount 118320 Land Value 554880 Laundry YN Yes Net Operating Income 112128.00 Special Listing Conditions Standard Total Expenses 49377.00 Zoning Lard2

    Listing provided courtesy of Tadeh Minnassian of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T22:28:53.15. 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.
     
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