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1550 Pleasant Avenue, Los Angeles, CA 90033
10
beds
10
baths
45844
ft2
· 15918
ft2 lot
$2,998,000
$65 / ft2
Listing provided courtesy of Edgar Koenig, Ed Koenig IRE.
Source CRMLS.
REDUCED $800K, PROPOSED BUILD: 34 Apartments consisting of a mix with one studio, nine 1 bedrooms, eight 2 bedrooms, fourteen 3 bedrooms and two 4 bedroom units, all with 1 to 4 baths (see plans), Plus additional office space and a 420' room for recreational applications. Note: four units to be set aside for Affordable Housing. All units are designed with upgraded finishes, luxury flooring, stainless steel appliances and in unit washer and dryers and private balconies. Plenty of open space common area and rooftop deck for the tenants to enjoy. Boyle Heights is a seamless fit and prime for business and residential development. Pleasant View is a design of 5 levels of residential living and one level of proposed on grade parking (25 Autos). The total proposed building area is 52,311 sqft with a rentable area of 45,844 sq ft. ALTERNATIVE BUILD - Take Advantage of this Fully Entitled 34 Unit project an start from scratch to build 34 economically sized units (850 +/-sqft) utilizing the R3 zone and TOC/Tier 3 designation with an Affordable or Low Income Housing Project. Section 8 and Veterans (VASH) programs both Federally funded and guaranteed will pay up to $2,328 for 2 bedroom and $3,123 for 3 bedrooms apartments. This means guaranteed income through all types of financial markets, up and down. Utilize of the existing approved Soils Report, DWP Encroachment Application completed and cleared, paid Highway Dedication fees and cleared fire hydrant and access.
HOA
$0/month
On market
9 months
Year built
2020
Property type
Multi-Family
Parking
25
MLS
SR20152942
Price / Sq.Ft.
$65 / ft2
Status
Active
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Flyhomes Cash Offer
Based on a price of $2,998,000
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$11,792
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: See Remarks
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 45844.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Subterranean
•   
Garage Spaces: 0.00
Property Features
•   
View: See Remarks
•   
Common Walls: 2+ Common Walls
Building Info
•   
Building Area Units: Square Feet
•   
Num Stories: Three Or More
•   
Year Built Source: See Remarks
Lot Info
•   
Zoning: LAR3
•   
Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.3654
•   
Lot Size Area: 15918.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 34
Utilities & Other Information
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Assesments Information
•   
Assessments: Buyer to Verify
Listing Details, Costs & Financing Information
Financial Info
•   
Tenant Pays: See Remarks
•   
Water Sewer Expense: 0.00
•   
Other Expense Description: SEE OM
•   
Total Actual Rent: 0.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 0.00
•   
Insurance Expense: 0.00
•   
Professional Management Expense: 0.00
•   
Other Income Description: SEE OM
•   
Total Expenses: 0.00
•   
Gross Scheduled Income: 0.00
•   
Operating Expense: 0.00
Tax/Assessment Info
•   
Gross Income: 0.00
•   
Tax Year: 2020
•   
Taxes: 6180.0
Lease Info
•   
Net Operating Income: 0.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 0.00
•   
Unit 3 Total Units: 8
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 2
•   
Unit 3 Total Rent: 0.00
Unit 2 Information
•   
Unit 2 Actual Rent: 0.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 9
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 0.00
Unit 4 Information
•   
Unit 4 Actual Rent: 0.00
•   
Unit 4 Total Units: 14
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 0.00
•   
Unit 4 Bathrooms: 3
•   
Unit 4 Garage Spaces: 0.00
•   
Unit 4 Bedrooms: 3
Unit 5 Information
•   
Unit 5 Actual Rent: 0.00
•   
Unit 5 Total Units: 2
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 0.00
•   
Unit 5 Garage Spaces: 0.00
•   
Unit 5 Bathrooms: 3
•   
Unit 5 Bedrooms: 4
Multi Unit Information
•   
# Of Units: 5
Unit 1 Information
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 0.00
•   
Unit 1 Total Rent: 0.00
School Neighborhood & Directions
Location
•   
Community Features: Sidewalks
•   
Directions: Boyle Avenue
Other
Calculation
•   
Dom: 96
•   
Cdom: 96
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 10, 2021 1:20am
Neighborhood snapshot
40
Properties for sale
14.5
Median days on market
$422.83
Median sold price/sqft
100.46%
Sold/List %
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walk score® :
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transit score® :
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bike score® :
Property History
11/03/2020
11/03/2020
CRMLS #SR20152942
active
CRMLS #SR20152942
$2,998,000
--3.29%
07/31/2020
07/31/2020
CRMLS #SR20152942
active
CRMLS #SR20152942
$3,100,000
+588.89%
05/26/2016
05/26/2016
Public Record
sold
Public Record
$450,000
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