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.
8,768 Sq Ft
0.2134 Private Acres Exterior Space
Investment
Built in 1948
MLS/Listing ID 25523913
10 Units
Parking - Driveway
Heating - Electric
Listing Courtesy of LYON STAHL INVESTMENT REAL ESTATE, INC., JORDAN ASHEGHIAN - 310-922-0238
Source of Data: THE MLS