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6753 SELMA AVE, Los Angeles (City), California

$3,800,000Active

6753 SELMA AVE, Los Angeles (City), California 90028
- MLS® ID: 17240432

Property Details

6753 SELMA AVE, Los Angeles (City), California 90028 - We are pleased to present The Selma Apartments. We believe the unique circumstances of the offering (DELIVERED FULLY VACANT, C-4 ZONING, SELLER CARRY FINANCING AVAILABLE) allow for three distinct investment strategies. #1 - Asset Conversion Play - The Selma Apartments offer a opportunity for an investor to reposition the asset and convert it into an assortment of uses. The property is zoned C-4, allowing it to be converted into a number of possibilities, including but not limited to: office, medical and retail space as well as hospitality, to name a few (buyer to verify). #2 - Multi-Family Apartment Play - The property will be delivered fully vacant. The vacancy allows for a unique opportunity for an investor to renovate and rebrand the property and bring all units to market rent. #3 - Development Play - Zoned LAC4, this parcel presents a promising opportunity for a developer to build, by right, 15 apartment or condo units in a very dense rental pocket of Hollywood (buyer to verify).

Amenities

  • Zip90028
  • CountyLos Angeles
  • SQFT5288
  • StatusActive
  • Purchase TypeActive
  • Property typeArray
  • Zoning typeLAC4
  • Year built1959
  • HeatingWall Gas
  • Parking10
  • MLS® ID17240432

Listing Courtesy of Keller Williams Silicon Beach

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