1949 Adair Street
$1,999,000
—
3,347
3,347
$597
Description
An affordable housing development opportunity walking distance to Downtown Los Angeles. Located just south of Washington Blvd. an easy commute to Downtown LA. Close to multiple Metro local lines. Fully entitled, ready to break ground for 39 income units and 1 manager unit plus big recreation room (which also can be converted to 2 additional ADU). With total monthly income of $72,795. Plans call for 8 singles and 31 one-bedroom units, with no parking required. The four-story building totals 19,041...An affordable housing development opportunity walking distance to Downtown Los Angeles. Located just south of Washington Blvd. an easy commute to Downtown LA. Close to multiple Metro local lines. Fully entitled, ready to break ground for 39 income units and 1 manager unit plus big recreation room (which also can be converted to 2 additional ADU). With total monthly income of $72,795. Plans call for 8 singles and 31 one-bedroom units, with no parking required. The four-story building totals 19,041 SF and includes amenities such as communal roof deck and sitting area, allowing residents beautiful views of Downtown Los Angeles. The cost-efficient design calls for four stories of Type 3A construction. Design features of the project include stucco-wood, front elevation with 6 balconies integrating modern design elements with high desire. The listing broker is part owner on he property.
- Listed by Mojgan Yamini • DRE #01357662 • Brokerage DRE #02163479 • Landmark One Realty
Property Details for 1949 Adair Street
Parking Spaces Total
0
Building Area Total3347
Stories Total0
Association Fee$.00
ZoningLAC2-CPIO
Parcel Number5127003001
AreaDowntown L.A. (C42)
DirectionsS. of Washing Blvd.
Property Details for 1949 Adair Street
Status | Active |
---|---|
MLS # | 24342901 |
Days on Market | 354 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Other |
MLS Type | Commercial Sale |
Year Built | 1880 |
Lot Size | 0.17 AC / 7,195 SF |
County | Los Angeles County |
Building Information for 1949 Adair Street
Stories-Residences-Year Built1880Lot Size0.17 AC / 7,195 SF
Property Information for 1949 Adair Street
Property History for 1949 Adair Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1949 Adair Street
Taxable ValueLand$387,934Additions$408,352Total$796,286
Tax Record2018$9,556 ($796 / month)
Home Facts
Beds7Total Finished SqFt3,347 SqFtAbove Grade Finished SqFt3,347 SqFtLot Size7,161 SqFtStyleDuplexYear Built1880ZoningLAMR1CountyLOS ANGELESAPN5127003001
Schools near 1949 Adair Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
San Pedro Street Elementary School PublicK to 5 | ||
John Adams Middle School Public6 to 8 | ||
Thomas Jefferson Senior High School Public9 to 12 | ||
Nava College Preparatory Academy 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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