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$ 1,575,000
Est. payment | /mo
10 Beds
7 Baths
5,499 SqFt
$ 1,575,000
Est. payment | /mo
10 Beds
7 Baths
5,499 SqFt
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.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 C13 - Palms - Mar Vista
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
Listed by Alan Wachman Miller & Desatnik Realty Co.
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James B Peddie
REALTOR® | Lic# 01942468