- Photos
- 1 of 10
Apartments For Sale • 20,272 SF
| 425 South Detroit Street is a 100% vacant luxury apartment building totaling 24 units in the Miracle Mile neighborhood of Los Angeles |
| The property features eight junior one-bedrooms and 16 one-bedrooms. All units will be delivered vacant at the close of escrow |
| The property is located just north of 6th Street between South Cochran Avenue and South La Brea Avenue in Miracle Mile |
| The building, built in 1928, has a luxury exemption from the City of Los Angeles’ Rent Stabilization Ordinance |
| This is a true value-add investment opportunity by completing the interior unit renovations to achieve market rents |
| The building has a large basement with community laundry (three washers and three dryers), with potential to add amenities for residents or ADU's |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 22 min | - | 9.6 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 26 min | - | 10.4 mi |
| Los Angeles International | 25 min | - | 17.0 mi |
| Long Beach (Daugherty Field) | 36 min | - | 31.0 mi |
