2195 Whittier Boulevard

Los Angeles, CA 90023

$4,995,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $327 / sqft

1914

calendar_month Built

Property Description

We are proud to present The Lofts, an amazing mixed-use multifamily opportunity located at 2195 Whittier Blvd in Los Angeles, California. This unique mixed-use opportunity comprised of (16) apartment units above (5) retail stores fronts in one distinct two-story building inspired by the famous Flatiron Building in New York City. The building was constructed in 1916 of reinforced brick and concrete and highly renovated in 2020 and, now this architectural building encompasses an impressive ±15,244 building square feet situated on one parcel totaling ±6,267 square feet offering a zoning of LAC2. The apartment units are currently master metered for utilities which provides an opportunity for a savvy investor to implement a RUBS program to offset operating costs. The highly updated units are impressive and the open floor plans resemble that of a swanky New York flat. The Lofts offer a diverse unit mix consisting of (7) loft-style studio + One-Bath Units & (9) One-Bedroom + One-Bath Units. Many of the units have been highly renovated, offering exposed brick walls, newly installed picture windows with, drenching the units with natural light while providing views of the Downtown LA skyline and famous 6th St Bridge. From the fully remodeled kitchens and baths to the recessed lights and sliding barn doors, no corner was left untouched and the attention to detail is unmatched, creating a waiting list of prospective tenants. Though a lot of the heavy lifting has been completed, the property still offers immense room for growth through further capital improvements, restructuring of the retails leases and pushing unit rents to market. (7) Studio + One-Bath (9) One-Bedroom + One-Bath (5) Retail Store-Fronts The Arts District is known for its unique blend of industrial architecture and contemporary living spaces. Loft-style apartments, converted warehouses, and modern high-rise buildings offer residents a mix of urban chic and industrial charm. Many residential developments in the neighborhood feature amenities such as rooftop decks, fitness centers, and communal gathering spaces. The Arts District's central location and proximity to Downtown LA make it an attractive choice for young professionals, artists, and urban dwellers seeking a dynamic and vibrant urban lifestyle. In summary, the Arts District in Los Angeles is a thriving and dynamic neighborhood that celebrates creativity, culture, and community.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information

Listing Information

Address 2195 Whittier Boulevard
City Los Angeles
State CA
Zip 90023
County Los Angeles
Listing Agent Raymond Rodriguez DRE#01402283
Courtesy Of Equity Union
MLS SR24080652
List Price $4,995,000
Status Active
Type Residential Income
Subtype Commercial/Residential
Structure Size N/A
Lot Size 6,267
Year Built 1914
DOM 1

Exterior Information

Maps

Listing information courtesy of: Raymond Rodriguez, Equity Union . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 22nd, 2024 at 10:07 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.