1010 E 25th Street
Los Angeles, CA 90011
- – beds
- – baths
- – sqft
- 6,247 sqft lot
- 2024 build
- – on site
Now Priced! Certificate of Occupancy Issued. Now Scheduling Showings! We are proud to exclusively present for sale an Affordable Residential Building newly constructed in Los Angeles! The property will be delivered vacant. This 31 Unit 100% Affordable Brand New Residential Building sits just south of Downtown Los Angeles. The ground-up new construction consists of mostly 1+1s (22 of them) and 9 Studios. The building includes a Building Code Floor Area of 16,004 SF per Zoning Code and 10,952 SF of Rentable Square Footage! The building opens through a secured entrance to a spacious Recreation / Community Room, then opens up to a comfortable Manager's Office and a Manager's Bathroom. The same level leads to the ground-floor apartments with 14 foot ceilings, the Laundry Room, and through the side of the building, access the Long-Term Bicycle Storage that can accommodate 30 bicycles. Take the stairs or the elevator up to the next three floors of housing, and continue to the Rooftop which includes three separate Open Space Areas with unobstructed views of the City, including the skyscrapers in DTLA. All units feature a Mini-Split A/C System, brand new appliances and all electric setups (with only the Central Boiler and Dryers in Laundry room being gas). The mostly Stacked- Design should allow for future ease of maintenance. The property has a Security Camera System for ease of mind. The Building is sub-metered for water. The property is bordered by a new block wall. There is the possibility of converting some common space to one or two ADUs. The property is in an Opportunity Zone! The building includes no car parking, but is located well under a mile to the Metro (A) Blue Line Station, which will take your future tenants to connections with the other Metro Light Rail Lines, Long Beach and direct to Union Station! There is a space in the back of the building, off the alley, that may potentially work for parking one car. This pedestrian friendly neighborhood gets a respectable "Very Walkable" score from Walk Score, along with a Biker's Paradise designation! The property is located near significant Job-Centers, including USC and DTLA. Strong demand from Section 8 Tenants can increase the potential income, and will help to speed up the rent-up period.
Last checked:
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Last updated Nov 14, 2024
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MLS# 24456331 —
The Building
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Year Built:2024
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Year Built Source:Other
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New Construction:No
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Entry Level:1
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Building Area Total:16004.00
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# of Buildings:1
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Total Number Of Units:31
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Stories Total:4
Interior
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Levels:Three Or More
Location
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Directions:South of Downtown LA. East of the 110.
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Latitude:34.01980900
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Longitude:-118.25541700
The Property
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Property Type:Residential Income
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Zoning:C2-2D-CPIO Tier 3
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Lot Size Area:6247.0000
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Lot Size Dimensions:50x125
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Lot Size Acres:0.1434
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Lot Size SqFt:6247.00
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Lot Dimensions Source:Assessor
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5131026022
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/14/24
Nov 14, 2024
|
Price Changed | CRMLS_CA | $9,300,000 | |
|
10/23/24
Oct 23, 2024
|
Listed / Active | CRMLS_CA | $1 |
