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$5,790,000
AR26143019 MLS Active Status
REDUCED PRICE! PRICED BELOW REPLACEMENT COST. 29-Unit Value-Add Opportunity by DODGER STADIUM w/ Panoramic DTLA Views, High-Upside Asset (±76% Rental Upside), 1972’s Construction, Seller May Carry 1st Trust Deed. 939 W College St., a 29-unit value-add apartment community by the Dodger Stadium area, within the Solano Canyon neighborhood. This value-add apartment investment was built in 1972 and offers an excellent location just within walking distance to the Dodger Stadium, Elysian Park, and just minutes away to Downtown Los Angeles, Chinatown, Little Tokyo, and all the shopping and lifestyle options in those areas. The property was solidly constructed with steel and concrete construction and offered at a very low price per unit and low price per square foot for it’s location and asset quality. The property is a podium style 4-story apartment that was built in 1972, has a large 22,677 SF building size, and situated on a ±12,171 SF LA-R4 zoned lot. It is a secured building with gated parking, has a central courtyard, shared laundry area (seller own machines), elevator, and covered garage parking. It offers a SUPERB unit mix of three (3) x 3bedroom + 2bathroom, twenty (20) x 2bedroom + 1bathroom, five (5) x 1bedroom + 1bathroom, and one (1) x Studio units. Approximately five (5) of the units have been updated (buyer to verify). Twenty-four (24) units have private balconies/patio with almost each balcony providing an unparalleled view of Downtown Los Angeles and the city. Each unit is separately metered for electricity and gas. All the units have updated electrical subpanels, and the main panels are waiting to be upgraded (pending permit from city). The property has a central water heater, shared laundry room (seller own machines), and an elevator. All the tenants are on month-to-month lease. Parking is secured provided by 29 spaces. The building has an automatic fire sprinkler in the garage area. Located strategically near Dodger Stadium and Elysian Park, this property is nestled in the heart of Los Angeles' vibrant 90012 zip code, boasting excellent walkability with a Walk Score of 85—meaning residents can ditch the car for most errands, errands that include strolling just a stone's throw (under a mile walk) to iconic Dodger Stadium for game-day thrills and Elysian Park for serene green escapes.

939 W College, Los Angeles

$979,000
WS26141595 MLS Active Status
This Triplex in Solano Canyon consists of two buildings; building facing Solano Av. has 4 bedrooms 1 3/4 baths with inside laundry room built in 1897. Newer roof. A long driveway on the right side leading into back building built in 1968 and it consists of 3 single garage spaces on the ground level. 3 parking spaces in front of the 3 single car garages. Second level has a 3 bedroom 2 bathrooms unit with a view. Third level contains a 3 bedroom 2 bath unit with a new furnace installed November 2023 and a new water heater installed on December 2023. This unit has a view of the mountains at Elysian Park. Property is sold with tenants in place. Property is near LA Police Academy and Dodgers stadium. Two blocks from Los Angeles State Historic Park. Half of block away from I 110 freeway Solano Av. exit. Across the street and a few houses down from The Solano Community Garden. A few minutes away from Chinatown and Olvera Street and from DTLA. Property borders Elysian Park. Subject to LA City RSO rules (LAHD). All property data deemed reliable but not guaranteed. Buyer and buyer's agent to investigate all information.

520 Solano Avenue, Los Angeles

$1,400,000
DW26100046 MLS Active Status
Unique two-story live/work opportunity in the heart of Chinatown. Surrounded by renowned art galleries, creative studios, musicians, designers, and long-standing independent businesses, this live/work property is part of the cultural history and artistic identity that have made Chung King Road a destination within Chinatown. The ground floor features an expansive high-ceiling creative studio/retail space ideal for gallery, showroom, studio, boutique retail, or other creative uses. The space includes a bonus mezzanine loft overlooking the open studio, along with a ground-floor kitchenette and bathroom. In addition to the listed 2,400 SF, the property also includes an attached approximately 1,000 SF basement, offering additional space for storage, production, workshop, office, or creative expansion. Upstairs, the light-filled residential unit offers 4 bedrooms and 1.5 bathrooms with abundant natural light throughout. The second-floor residence can function with either a private entrance or connected access to the commercial space, creating a flexible live/work setup for the entrepreneur, artist, or visionary looking to bring their next concept to life.

974 Chung King Road, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.