1010 East 25th Street

Los Angeles, CA 90011

$9,300,000
Price
22
Beds
31
Baths
16,004 Sq. Ft.
$581 / Sq. Ft.
16,004
Sq. Ft.
$581
per Sq. Ft.

Description

Now Priced! Certificate of Occupancy Issued. Now Scheduling Showings! We are proud to exclusively present for sale an Affordable Residential Building newly constructed in Los Angeles! The property will be delivered vacant. This 31 Unit 100% Affordable Brand New Residential Building sits just south of Downtown Los Angeles. The ground-up new construction consists of mostly 1+1s (22 of them) and 9 Studios. The building includes a Building Code Floor Area of 16,004 SF per Zoning Code and 10,952 SF of...Now Priced! Certificate of Occupancy Issued. Now Scheduling Showings! We are proud to exclusively present for sale an Affordable Residential Building newly constructed in Los Angeles! The property will be delivered vacant. This 31 Unit 100% Affordable Brand New Residential Building sits just south of Downtown Los Angeles. The ground-up new construction consists of mostly 1+1s (22 of them) and 9 Studios. The building includes a Building Code Floor Area of 16,004 SF per Zoning Code and 10,952 SF of Rentable Square Footage! The building opens through a secured entrance to a spacious Recreation / Community Room, then opens up to a comfortable Manager's Office and a Manager's Bathroom. The same level leads to the ground-floor apartments with 14 foot ceilings, the Laundry Room, and through the side of the building, access the Long-Term Bicycle Storage that can accommodate 30 bicycles. Take the stairs or the elevator up to the next three floors of housing, and continue to the Rooftop which includes three separate Open Space Areas with unobstructed views of the City, including the skyscrapers in DTLA. All units feature a Mini-Split A/C System, brand new appliances and all electric setups (with only the Central Boiler and Dryers in Laundry room being gas). The mostly Stacked- Design should allow for future ease of maintenance. The property has a Security Camera System for ease of mind. The Building is sub-metered for water. The property is bordered by a new block wall. There is the possibility of converting some common space to one or two ADUs. The property is in an Opportunity Zone! The building includes no car parking, but is located well under a mile to the Metro (A) Blue Line Station, which will take your future tenants to connections with the other Metro Light Rail Lines, Long Beach and direct to Union Station! There is a space in the back of the building, off the alley, that may potentially work for parking one car. This pedestrian friendly neighborhood gets a respectable "Very Walkable" score from Walk Score, along with a Biker's Paradise designation! The property is located near significant Job-Centers, including USC and DTLA. Strong demand from Section 8 Tenants can increase the potential income, and will help to speed up the rent-up period.
  1. Listed by Dario Svidler • DRE #01884474 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 1010 East 25th Street

Zoning
C2-2D-CPIO Tier 3
Parcel Number
5131026022
Total Units
31.0
Living Area
16004
Source Living Area
Plans
Area
Downtown L.A. (C42)
Vacancy Rate
100
Lot Size Area
6247
LISTING UPDATED: 11/14/2024 11:15 AM

Property Details for 1010 East 25th Street

StatusActive
MLS #24-456331
Days on Market60
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.14 AC / 6,247 SF
CountyLos Angeles County

Building Information for 1010 East 25th Street

Stories4Residences-Year Built2024Building Size-Lot Size0.14 AC / 6,247 SF

Property Information for 1010 East 25th Street

Community / Development
Community / Development
  • Number Of Units: 31
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 4
  • Number Of Buildings: 1
  • Type Of Units: Affordable
  • Entry Floor Number: 1
Contract Info
Contract Info
  • Disclosures: Owner Has R.E. License, Other, Affordable Housing Qualified
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1434
  • Lot Size Square Feet: 6247
  • Lot Size Dimensions: 50x125
  • Source Lot Size Dimensions: Assessor
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Three Or More
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Elevator, Range/Oven, Refrigerator, Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-23-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 22
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 9
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 1010 East 25th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1010 East 25th Street

Taxable ValueLand$375,269Additions$1,320,000Total$1,695,269
Tax Record2024$20,624 ($1,719 / month)
Home Facts
Total Finished SqFt1,692 SqFtAbove Grade Finished SqFt1,692 SqFtLot Size6,247 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningLAC2CountyLOS ANGELESAPN5131-026-022

Schools near 1010 East 25th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Twenty-Eighth Street Elementary School
Public - K to 5
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public - 6 to 8
Nava College Preparatory Academy
Public - 9 to 12
Santee Education Complex
Public - 9 to 12
Rating
School
Distance
Twenty-Eighth Street Elementary School
PublicK to 5

Dr. Julian Nava Learning Academies-School Of Business And Technology
Public6 to 8

Nava College Preparatory Academy
Public9 to 12

Santee Education Complex
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1010 East 25th Street, Los Angeles, CA 90011

1010 East 25th Street is a multi-family home for sale in Los Angeles, CA 90011. This property was listed for sale on October 23, 2024 by Keller Williams Beverly Hills, it's currently listed at $9,300,000. It has been on the market for a total of 60 days and was last sold on June 3, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Twenty-Eighth Street Elementary School, Dr. Julian Nava Learning Academies-School Of Business And Technology and Nava College Preparatory Academy. 1010 East 25th Street is a 22-bed, 31-bath, 16,004 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.