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$1,575,000
Est. payment /mo
10 Beds
7 Baths
5,499 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,499 sqft
Price per Sqft $286
MLS Listing ID 25570753
Bedrooms 10
HOA Y/N No
Year Built 1965
Lot Size 6,751 Sqft
Lot Dimensions Assessor
Property Description
Excellent West Los Angeles Investment Opportunity. Rare 7-unit apartment building located in one of West L.A.'s most desirable and still-affordable rental pockets. This well-maintained property features a mix of 5 spacious 1-bedroom/1-bath units, 1 large 2-bedroom/1-bath unit, and 1 3-bedroom/1-bath unit.High-demand rental location with strong tenant appeal and historically low vacancy. Current rents are substantially below market, presenting a savvy investor the opportunity to increase income by approximately 20-25%, enhancing both yield and long-term upside. Approximately $150.00 per month laundry income included. Expenses are from 2024. New roof 2021 and new electrical 2025. Soft story retrofit has been completed. Prime location near major employment centers, public transit, shopping, and dining. A value-add investment with excellent potential for appreciation and improved CAP rate. Expenses are estimated, please call Brokers for information.
Location
State CA
County Los Angeles
Area C12 - Marina Del Rey
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Attached Carport
Total Parking Spaces 8
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4233022031
Special Listing Condition Standard
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Listed by Alan Wachman Miller & Desatnik Realty Co.