1150 Masselin Avenue
Los Angeles, CA, 90019
$2,895,000
Beds
0 Baths
SqFt
0.21 Acres
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1150 Masselin Ave is a 10 unit building near Miracle Mile in Los Angeles. Offers Assumable Financing at 3.15% Interest Only until 2031! The spacious 1 & 2 bedroom units average to about 877 SF each. 4 out of the 10 units have been renovated, while also offering over 54% rental upside! Brand New Roof Put in 2024. Potential ADU opportunity via SB 1211 (Buyer to Verify). The building is separately metered for gas and electric and has a new 100G water heater. 1150 Masselin has 7 total parking spaces and features a Large 9,295 SF Corner Lot Zoned LAR3.

Property Details

Price:
$2,895,000
MLS #:
25523913
Status:
Active Under Contract
Baths:
0
Address:
1150 Masselin Avenue
Type:
Residential Income
Neighborhood:
c19beverlycentermiraclemile
City:
Los Angeles
Listed Date:
Apr 10, 2025
State:
CA
ZIP:
90019
Lot Size:
9,295 sqft / 0.21 acres (approx)
Year Built:
1948
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Driveway, Covered
Parking Spots
7.00

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1150 Masselin Avenue
Los Angeles, CA