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Los Angeles, CA 90005 2885 Francis Avenue

$1,995,000

2885 Francis Avenue Los Angeles, Ca - Image 12885 Francis Avenue Los Angeles, Ca - Image 22885 Francis Avenue Los Angeles, Ca - Image 3
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Presented By: John C. Pak with Philco Realty;
  • MLS# 23321211
  • 11/06/2023
  • Request Tour
  • Request Info
  • BedBeds • 12
  • BathBaths • 8
  • FootageSQFT • 5,846

Home Details

We are pleased to offer for sale a 4-Unit apartment building located in the highly sought-after neighborhood of Koreatown LA. The subject property is located on the corner of South Westmorland Ave and Francis Ave, just minutes to the new Zion Korean market and MacArthur Park. Situated on a HUGE lot of 8,060 sq. ft. and 5,846 sq. ft. of interior space is zoned for R4-2 TOC Tier 3 with ability to build 21-unit condo (FULLY-ENTITLED!). The new owner has the ability and option to add two ADU's for a two-bedroom and one-bedroom unit.
Presented By: John C. Pak with Philco Realty;

Interior Features for 2885 Francis Avenue

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths8

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixAvenue
Total Stories2

General for 2885 Francis Avenue

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market162
DirectionsCorner of South Westmoreland Aveue & Francis Avenue
Garage Y/NNo
Gross Income0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet8057.0
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Occupancy DescriptionTenant
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameFrancis
Total Units4
View Y/NNo
Waterfront Y/NNo
Year Built1917
ZoningR4-2

Exterior for 2885 Francis Avenue

Building Area Total5846.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.185
Lot Size Area8057.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesNone
SpaNo
Total Parking10.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,995,000
MLS#23321211
List Date 11/06/2023
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors