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$1,795,000
Est. payment /mo
9 Beds
6 Baths
3,966 SqFt
UPDATED:
10/06/2024 02:47 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,966 sqft
Price per Sqft $452
MLS Listing ID 24446263
Bedrooms 9
HOA Y/N No
Year Built 1946
Lot Size 4,991 Sqft
Property Description
SEE DOCS FOR OM. Seize the opportunity to invest in this well-maintained, 5-unit apartment building located in a highly desirable area of Los Angeles. This property is ideally situated, offering a blend of urban convenience and residential charm. Some key features include: 1)Units: 5 well-maintained units, with one completely remodeled and currently vacant, ideal for immediate leasing. 2) Prime Location: Located near trendy coffee shops, unique markets, popular restaurants, and shopping centers. The nearby farmers market offers fresh, local goods, adding to the neighborhood's appeal. 3) Proximity to Culver City: Close to the tech hub of Culver City, home to digital media companies, marketing firms, and major studios, creating strong rental demand*Parks & Recreation: Easy access to nearby parks for outdoor activities and relaxation. 4) Exterior: Recently painted and well-maintained, giving the building a fresh, modern look. 5) Parking: Ample on-site parking for tenants, a rare find in this highly sought-after area. Investment Highlights: 1)Cash Flow: Currently generating strong rental income, with upside potential through rent increases and leasing the remodeled unit. 2) Appreciation: Located in an area poised for long-term appreciation, offering both immediate returns and future growth. 3) Upside Opportunity: With one remodeled unit vacant, investors can either occupy it or lease it for additional income. Perfect for investors seeking a property with a combination of stable cash flow and long-term growth. This is a rare find in a highly desirable neighborhood. Don't miss out on this incredible opportunity!
Location
State CA
County Los Angeles
Area C28 - Culver City
Zoning CCR4YY
Interior
Heating Wall Furnace
Fireplace No
Exterior
Garage Attached Carport, Driveway
Attached Garage Yes
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
School District Culver City Unified
Others
Senior Community No
Tax ID 4214002021
Special Listing Condition Standard
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Listed by Tatiana Weiss • Coldwell Banker Realty
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