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2218 W Court Street

Los Angeles (City), CA 90026
  • $8,750,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 22184209
UPDATED: 45 min ago
$8,750,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1989
County:

School Ratings & Info

Listing Agent(s): Matthew Ziegler of Marcus & Millichap (818-212-2700) and Jeffrey Louks of Marcus & Millichap(818-212-2700)


Description

We are pleased to present 2218 W. Court Street, a well located and maintained twenty-eight (28) unit apartment building in the trendy Historic Filipinotown neighborhood ("HiFi") of Los Angeles, CA. Built in 1989, the property is not subject to LA City Rent Control (only subject to California State Rent Control). The building features an excellent unit mix consisting of sixteen (16) 1 bed/1 bath units, ten (10) 2 bed/1 bath units and two (2) 3 bed/1 bath units. Units feature air-conditioning (some with central air and others with wall units) and private balconies (select units). The building features covered parking, interior courtyard, secure gated access and an on-site laundry facility. The building sits on a 16,674 square foot lot that is LAR4 zoned.2218 W. Court Street features a Walk Score of 84 as it is in close proximity to restaurants, cafes, grocery stores, retail and public transportation. Located on the cusp of Echo Park and Silverlake, Historic Filipinotown was designated by the city of Los Angeles as a historic-cultural neighborhood in 2002. In the past decade the area has seen a tremendous amount of development and has gained a reputation for its hip and trendy restaurant and bar scene with establishments such as HIFI Kitchen, Genever, Gra Pizzeria, Bloom and Plume, Boba Guys and Thunderbolt to name a few.The property is conveniently positioned near the 101, 110 and 5 freeways, providing convenient access to many job centers such as Downtown LA, Koreatown, Hollywood, Universal City, North Hollywood, Glendale, Burbank and Pasadena.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T21:26:35.62. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.
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2218 W Court Street Los Angeles (City), CA 90026

  • Price: $8,750,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 45 min ago
  • ID#: 22184209
0
Beds
0
Baths
0
½ Baths
0.38
Acres
1989
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
We are pleased to present 2218 W. Court Street, a well located and maintained twenty-eight (28) unit apartment building in the trendy Historic Filipinotown neighborhood ("HiFi") of Los Angeles, CA. Built in 1989, the property is not subject to LA City Rent Control (only subject to California State Rent Control). The building features an excellent unit mix consisting of sixteen (16) 1 bed/1 bath units, ten (10) 2 bed/1 bath units and two (2) 3 bed/1 bath units. Units feature air-conditioning (some with central air and others with wall units) and private balconies (select units). The building features covered parking, interior courtyard, secure gated access and an on-site laundry facility. The building sits on a 16,674 square foot lot that is LAR4 zoned.2218 W. Court Street features a Walk Score of 84 as it is in close proximity to restaurants, cafes, grocery stores, retail and public transportation. Located on the cusp of Echo Park and Silverlake, Historic Filipinotown was designated by the city of Los Angeles as a historic-cultural neighborhood in 2002. In the past decade the area has seen a tremendous amount of development and has gained a reputation for its hip and trendy restaurant and bar scene with establishments such as HIFI Kitchen, Genever, Gra Pizzeria, Bloom and Plume, Boba Guys and Thunderbolt to name a few.The property is conveniently positioned near the 101, 110 and 5 freeways, providing convenient access to many job centers such as Downtown LA, Koreatown, Hollywood, Universal City, North Hollywood, Glendale, Burbank and Pasadena.
Exterior Features

Parking Features Covered Parking Total 0

Interior Features

Cooling Central AirWall/Window Unit(S) Cooling YN Yes Heating CentralWall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Income 619140 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 400252 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lar4



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-16T21:26:35.62. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.
 
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Bathurst Coastal Properties | Compass
2141 Rosecrans Ave, Suite 1120
El Segundo CA, 12345
Listing Agent(s): Matthew Ziegler of Marcus & Millichap (818-212-2700) and Jeffrey Louks of Marcus & Millichap(818-212-2700)