Property listed by Centennial Real Estate, Andrew Halff 310-625-4292
$3,850,000
An exceptional investment opportunity featuring a well-maintained 12-unit apartment building, with 8 recently remodeled units offering modern finishes and strong rental appeal. Located just minutes from vibrant downtown Culver City, this asset is perfectly positioned in a high-demand rental market. It has significant upside potential and is not subject to… Read More LA City rent control. The building has large, spacious apartments and a diverse mix of 1 and 2 bedrooms, including three unique units with extra lofts. Additionally, the property features 23 gated parking spaces in a semi-subterranean garage and an on-site laundry room. Drive by only. DO NOT DISTURB TENANTS. Inside with accepted offer. *Unit 103 is currently vacant. Rent is based on recently rented Unit 104 with the same floor plan. **Square footage and other information concerning the conditions or features of the property are deemed reliable but not guaranteed and must be verified by buyer. Read Less
Listing Snapshot
Days Online
32
Last Updated
Property Type
Other
Beds
23
Square Ft.
12,556
Lot Size
0.23 Acres
Year Built
1985
MLS Number
25569991
30 Days Snapshot Of 90034
$1.85M
-4%
(avg) sold price
11
-38%
homes sold
42
-35%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher
Building
Built in 1985, Building area total: 12,556, Levels: MultiSplit, Living area: 12556, 1 building, Architectural style: Spanish
Heating
Electric
Income
Gross income: $320,448, Net operating income: $181,551
Lot
0.2256 acres, 9,829 square feet, Size: 9,829
Parking
23 totals parking, Gated
Property
Zoning: LAR3
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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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