$7,200,000 2619 Brighton Avenue Los Angeles, CA

MLS: 19445476   Type: Pending   County: Los Angeles   City: Los Angeles   Area: Mid Los Angeles   Zip: 90018     Stories: 2

Mortgage $33,803 /mo



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The Brighton Apartments are a great value-add investment opportunity being offered individually or part of a multi-property, 117-unit portfolio. Three consecutive buildings at 2619, 2627 and 2631 Brighton Ave. comprise 36 units in the Historic West Adams District that are priced to sell and can be purchased with 49 units located at 6633 Vineland Ave. in No. Hollywood (MLS #19-445464) and 32 units at 115 N. Eastwood Ave. in Inglewood, (MLS #19-445474) home of the soon to be completed NFL stadium that will host the LA Rams and LA Chargers. All buildings have been owned for over 25 years by the present ownership and are poised to be repositioned to capitalize on 3 of LA's most exciting markets. Located in the shadow of Downtown LA and minutes to USC on a wide, tree-lined street, these 3 buildings made up of an 18-unit, 9,906 sqft building and two 9-unit 6,452sqft buildings that sit in one of the most sought after areas of LA. The 9-units bldgs are subject to LA Soft-Story Ordinance.

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Price History

3/20/2019 Listed $25,000,000
4/24/2019 72% - $7,200,000

Directions Adams and Normandie
Listagentaor CLAW
Listing Agent Christopher Marsocci - BRE#01095183
Listing Agent State License 01095183
MLS Area C16 - Mid Los Angeles
Price Per Square Foot 726.83
Source System CRMLS
Total Units 18
Zoning LARD1.5

Interior Features

Air Conditioning Y/N No
Cooling None
Laundry Features See Remarks
Laundry Y/N Yes
Total Stories 2

Exterior Features

Building Area Total 9906.00
Lot Size Acres 0.3053
Lot Size Area 13298.0000
Lot Size Square Feet 13298.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Street, Assigned
Parking Y/N Yes

Property Schools

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Property vs Zip Code Avg (90018)

Price 7.20M Avg 1.13M

Sqr Feet 9,906 Avg 2,784

Cost / Sqr Ft $727 Avg $409

Acres 0.31 Avg 0.2

Visits 189 Avg 34

Days on Site 125 Avg 210

Walkscore® 78 Avg 73

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Christopher Marsocci with Goldcoast Commercial Group.

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Location & Address

Lynne Pope
2603 Camino Ramon Suite 200
San Ramon, CA