Property Details
About this Property
On market for the first time in 25 years, this offering is an excellent opportunity to reposition a pride-of-ownership asset and capture 54 percent rental upside. 143 North Reno Street is a well-maintained, Spanish-style 1927 construction with 13 studios and three one-bedroom/one-bath units. The building also offers on-site laundry. The property’s Westlake location offers easy access to world-class entertainment, dining and retail, and convenient proximity to the 101 Freeway and Downtown Los Angeles. This rental submarket’s strong performance is demonstrated by the new Arancia apartment building, just half a block from the subject property, where studios are achieving rents of up to $2,300 per month and one-bedrooms are achieving $3,050.00 per month. 143 North Reno Street is offered for sale exclusively upon buyer’s use of seller financing; terms to be negotiated.
MLS Listing Information
MLS #
CRPW24132888
MLS Source
California Regional MLS
Days on Site
143
Interior Features
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Contact Information
Listing Agent
Steven Bogoyevac
Steven M. Bogoyevac, Broker
License #: 01332755
Phone: (562) 257-1231
Co-Listing Agent
David O Keefe
License #: 01928739
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
143 N Reno St is a Residential Income in Los Angeles, CA 90026. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,400,000 and was built in 1927. This address can also be written as 143 N Reno St, Los Angeles, CA 90026.
©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of June 29, 2024. For the most current information, please contact Steven Bogoyevac, (562) 257-1231
