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$ 1,795,000
Est. payment | /mo
9 Beds
6 Baths
3,966 SqFt
$ 1,795,000
Est. payment | /mo
9 Beds
6 Baths
3,966 SqFt
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
Listed by Tatiana Weiss • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "