Courtney McCarson & Eric Benz
Real Estate Consultants | License ID: 01968280 & 01272171
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$ 2,826,000
$ 2,895,000 2.4%
Est. payment | /mo
14 Beds
10 Baths
8,768 SqFt
$ 2,826,000
$ 2,895,000 2.4%
Est. payment | /mo
14 Beds
10 Baths
8,768 SqFt
Key Details
Sold Price $2,826,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 8,768 sqft
Price per Sqft $322
MLS Listing ID 25523913
Sold Date 10/17/25
Bedrooms 14
HOA Y/N No
Year Built 1948
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
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Heating Electric
Fireplace No
Laundry Common Area
Exterior
Parking Features Covered, Driveway
Total Parking Spaces 7
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5085019018
Special Listing Condition Standard
Listed by Jordan Asheghian Lyon Stahl Investment Real Estate, Inc.
Bought with Babak Siminou Simco Enterprises Inc
Bought with Babak Siminou Simco Enterprises Inc