Property listed by Cavanaugh Realtors, Daniel John Cavanaugh 310-837-7161
$2,450,000
Located in the north end of Palms, this eight-unit building is centrally located and in easy distance to Culver City, Cheviot Hills, the Palms Metro light-rail line, and the stores and shops along Motor, National, and Overland. Built in 1971, this 7,900 square foot two-story building was seismically retrofitted… Read More in 2019. Secure underground parking structure with a large laundry room and attached to the laundry room is a 250 square foot store room that is currently not used. The building features a great unit mix: Two1-bed/1-bath units, Four 2-bed/2-bath units, and Two 1-bed/den/1 bath units. All units have radiant heat, wall air-conditioning units, and six units have gas fireplaces. Tenants pay for electricity and landlord pays water and gas. Community laundry room with one water heater serving the entire building. Read Less
Listing Snapshot
Days Online
75
Last Updated
Property Type
Other
Beds
12
Square Ft.
7,900
Lot Size
0.17 Acres
Year Built
1971
MLS Number
25547143
30 Days Snapshot Of 90034
$2.15M
+26%
(avg) sold price
14
+40%
homes sold
58
+16%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1971, Building area total: 7,900, Levels: MultiSplit, Living area: 7900, 1 building
Heating
Radiant
Income
Gross income: $197,314, Net operating income: $118,485
Lot
0.1702 acres, 7,414 square feet, Size: 7,414
Parking
14 totals parking, CommunityStructure
Property
Zoning: LAR3
Tenant Pays
Electricity
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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