$3,001,400
$3,100,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
10 Baths
7,060 SqFt
SOLD DATE : 01/02/2024
Key Details
Sold Price $3,001,400
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,060 sqft
Price per Sqft $425
MLS Listing ID 23320271
Sold Date 01/02/24
Bedrooms 11
HOA Y/N No
Year Built 1969
Lot Size 7,967 Sqft
Property Description
100% Occupied! 10 unit apartment building in a vibrant Westside Palms neighborhood, nestled conveniently between Culver City, Sony studios, Mar Vista, and West LA. Excellent unit mix consisting of (2) 2 bed + 1 bath, (7) 1 bed + 1 bath, and (1) Studio unit. Most units have a patio or balcony. Gated entry. Amazing parking with 11 individual spaces and 14 spaces total if used as tandem. Soft-story retrofit has been completed!! Only 14.8 GRM and $310,000/unit with current rents! Rents are actual. Subject to City of Los Angeles Rent Stabilization. Over 20% upside rent potential.
Location
State CA
County Los Angeles
Area C28 - Culver City
Zoning LAR3
Interior
Heating Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dishwasher, Dryer, Washer
Laundry Common Area
Exterior
Parking Features Carport, Driveway
Carport Spaces 8
Total Parking Spaces 14
Building
Faces West
Story 2
Entry Level Two
Sewer Other
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4208007004
Special Listing Condition Standard
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Bought with David Schuchman • Roque & Mark Company, Inc.
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Realtor® | Lic# 01332311