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    321 N Bixel Street

    Los Angeles (City), CA 90026
    • $5,100,000
    • STATUS: Active
    • ON SITE: 145 days
    • ID#: 20660412
    UPDATED: 127 min ago
    $5,100,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,939
      SQFT
    • $735
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    Bixel Lofts is a luxury, brand new construction, 9 unit complex located in prime South Echo Park / Westlake / City West near booming Downtown LA. Situated just south of Temple St and the 101 Freeway, this 2020 constructed building has truly unique units that offer renters luxurious, private indoor and outdoor space, usually reserved for homeowners. The property boasts seven townhome-style lofts with private rooftop decks and two ground floor studios, each with a private courtyard. The densely populated location ensures expeditious future lease up and condo-spec luxury build allow for tenant comfort and investor stability. Seven of the nine units have been leased during the Covid-19 pandemic, assuring a future investor the stability in the leasing of these units even during these uncertain times. Uniquely perched on Bixel St, the units have panoramic views of the sparkling Downtown LA skyline.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-12T00:25:30.707. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/111973950
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    321 N Bixel Street Los Angeles (City), CA 90026

    • Price: $5,100,000
    • Status: Active
    • Updated: 127 min ago
    • ID#: 20660412
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    6,939
    SQFT
    $735
    $/SQFT
    2020
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    Bixel Lofts is a luxury, brand new construction, 9 unit complex located in prime South Echo Park / Westlake / City West near booming Downtown LA. Situated just south of Temple St and the 101 Freeway, this 2020 constructed building has truly unique units that offer renters luxurious, private indoor and outdoor space, usually reserved for homeowners. The property boasts seven townhome-style lofts with private rooftop decks and two ground floor studios, each with a private courtyard. The densely populated location ensures expeditious future lease up and condo-spec luxury build allow for tenant comfort and investor stability. Seven of the nine units have been leased during the Covid-19 pandemic, assuring a future investor the stability in the leasing of these units even during these uncertain times. Uniquely perched on Bixel St, the units have panoramic views of the sparkling Downtown LA skyline.
    Exterior Features

    Lot Size Dimensions 50X141 Lot Size Units Square Feet Parking Features Covered Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Heating None Heating YN No

    Property Features

    Country Us Gross Income 322764.00 Gross Multiplier 15.80 Gross Operating Income 313081.00 Net Operating Income 216977.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 96104.00 Zoning Lacw

    Listing provided courtesy of Morgan Mcmullin of Compass and Dario Svidler of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-12T00:25:30.707. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
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    Doherty Real Estate Group | eXp Realty of California, Inc.
    27101 Puerta Real
    Mission Viejo CA, 92691