$2,895,000
1150 Masselin Avenue
Los Angeles, CA, 90019
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
Schools
Interior
Heating
Electric
Laundry Features
Community
Exterior
Parking Features
Driveway, Covered
Parking Spots
7.00
Financial
Mortgage Calculator
Map
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Houzerz Real Estate and Loans include the name of the listing broker. Neither the listing company nor Houzerz Real Estate and Loans shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1150 Masselin Avenue
Los Angeles, CA
