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Listed by Julian Mangine, DRE #02103168 • eXp Realty of Greater Los Angeles, Inc.
$ 2,050,000
Est. payment /mo
New
218 Thorne Los Angeles, CA 90042
0.43 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26185527
Year Built 1978
Lot Size 0.432 Acres
Source California Regional MLS
Property Description
6 unit property on large lot with Four 2 Bedroom 1.5 Bath units & Two 3 Bedroom 2 Bath units. 3 units currently vacant with one of them being a 2 Bedroom that has been recently renovated. Additional 2 bedroom and 3 bedroom units are vacant. Property has been an apartment but has recently gotten approved with the City for use as a condo but will still have to undergo the California DRE process of condo conversion to complete the process. Potential for that is similar to next door 232 Throne which was constructed at the same time and is now 6 individual condos with separate ownership (one of which sold in 2022 for 600k) Buy this property as a traditional rental or look for the potential for condo conversion.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Laundry Area
Exterior
Parking Features Storage - RV, Carport
Garage Spaces 12.0
Pool 31, None
Building
Water District - Public
Others
Tax ID 5492040032
Special Listing Condition Not Applicable
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