$1,699,000
For Sale

423 S Commonwealth Avenue

Los Angeles, CA 90020
0.20 acres | #PW25069125
Listing OfficeForrest Commercial, Inc.
Browse 57 photos
Type:Multi-Family
Structure:Unit
Zone:Commercial

Description

Charming Spanish-style residence currently operating as a licensed Catholic preschool. Approx. 4,218 SF building on a spacious 8,503 SF lot in the heart of Rampart Village, surrounded by apartment buildings. Zoned LAR3, offering excellent potential for multi-family development or continued school/childcare use. Features 5 rooms, 4 bathrooms, gated yard, and central HVAC. A rare opportunity for both investors and operators in a high-density Koreatown-adjacent location.

  • Property Details
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Property SubtypeMultiFamily
      • Original List Price$1,699,000
      • MLS #PW25069125
      • MLS #PW25069125
      • Cost1699000
      • Acres0.1952
      • Utility SourcePublic
      • Lot DescriptionYard
      • Year Built1924
      • Stories2

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
OR

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Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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Estimated Monthly Payment
$12,932.23
Loan Amount
$1,529,100.00