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$ 2,895,000
Est. payment | /mo
8,768 SqFt
$ 2,895,000
Est. payment | /mo
8,768 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,768 sqft
Price per Sqft $330
MLS Listing ID CL25523913
HOA Y/N No
Year Built 1948
Lot Size 9,295 Sqft
Acres 0.21
Property Sub-Type Other
Property Description
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.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Electric
Fireplace No
Laundry Community Facility
Building
New Construction No
Others
Tax ID 5085019018
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jordan Asheghian • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "