CA > Los Angeles
Los Angeles, CA 90028,1734 Taft AVE
Los Angeles, CA 90028,1734 Taft AVE
Los Angeles, CA 90028,1734 Taft AVE
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1st Class Real Estate Mavericks

1st Class Real Estate Mavericks

+1(760) 203-3373
$3,850,000
Est. payment /mo
24 Beds
22 Baths
14,029 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 14,029 sqft

Price per Sqft $274

MLS Listing ID 25553309

Bedrooms 24

HOA Y/N No

Year Built 1957

Property Description

We are pleased to present a twenty (20) unit apartment building located at 1734-1740 Taft Avenue in Los Angeles, California. The subject property is located in a prime Hollywood location, north of Hollywood Boulevard and west of Western Avenue. Built in 1957 and 1958 respectively, this classic mid-century property is located in a prime Hollywood location, adjacent to the highly desirable Los Feliz neighborhood. Situated on a rare 18,224 SF double lot with two separate APNs, the property offers an excellent unit mix consisting of one (1) studio, fourteen (14) one-bedroom units, and five (5) two-bedroom units. This multifamily asset features an on-site laundry facility, full on-site covered parking, and is soft story retrofit exempt. This offering presents a unique opportunity to convert the existing carports into multiple ADUs (up to 16), dramatically increasing potential income. Some of the buildings' recent upgrades include a new roof on both buildings and new electrical subpanels and breakers in 1740. This legacy asset on the market for the first time in 50 years represents a rare and strategic investment opportunity in one of LA's most sought-after submarkets. Nestled in a prime Hollywood Location, this offering presents an excellent opportunity for an investor to capitalize on a classic Hollywood mid-century asset priced at only $192,500 per unit and $211 per SF for the land.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LARD1.5

Interior

Fireplace No

Exterior

Parking Features Carport

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5586034021

Special Listing Condition Standard

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CRMLS – RECore
Listed by Jason Tuvia Marcus & Millichap
1st Class Real Estate Mavericks
1st Class Real Estate Mavericks

Brokerage | License ID: 02245942

+1(760) 203-3373 | 1stclassmavericks@gmail.com

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