Property listed by Coldwell Banker Realty, Steven D. Ito 424-280-7400
$3,295,000
Built in 2018, this stunning 4-unit townhome-style apartment complex offers a modern contemporary design that blends luxury, functionality and steady cash flow making this an excellent investment opportunity. Live in one townhome as owner-user and collect rents! Each two-story townhome- style apartment is thoughtfully designed with high-end finishes. Expansive open… Read More floor-plan, high ceilings, large private enclosed rooftop decks with breathtaking city and mountain views. Whether you choose to live in one and rent out the others or lease all four units, this is an exceptional investment opportunity in a highly sought-after rental location. Spacious & Open Floor Plans: Large, open-concept layouts with high ceilings for an airy expansive feel.* Designer Kitchens: Equipped with built-in stainless-steel appliances, stone countertops. and a sleek tiled backsplash.* Natural Light: Abundant windows throughout each unit fill the space with warm, natural light.* Private Rooftop Decks: Each unit features an oversized enclosed rooftop deck offering unobstructed city and mountain views perfect for relaxation or entertaining.* Luxury Bathrooms: Stylishly designed with high-end finishes and contemporary fixtures.* Convenience & Comfort:* Full-size washer and dryer in every unit.* Central air & heat for year-round comfort.* Tankless water heating system for energy efficiency. Secure Parking & Added Convenience* Two private, secure parking spaces per unit.* Additional secure guest parking available on the premises.Prime Location - Unbeatable Accessibility* Close proximity to Kaiser Hospital. Culver City, Century City. Santa Monica, and Downtown Los Angeles.* Minutes from major freeways and public transportation. ensuring easy commuting.Investment Highlights* Current rents are well below market. providing an opportunity to increase monthly cash flow.* 4-unit building qualifies for more favorable residential lending terms.* Built in 2018 a newer build equates to minimal deferred maintenance and upkeep.* Future Potential: Per the seller, the buyer may have the opportunity to subdivide and sell.* Units individually (buyer to verify). 2006 South Corning Street LOS ANGELES, CA 90034. Read Less
Built in 2018, Living area: 5985.0, 1 building, Building faces West, 2 stories, Levels: MultiSplit, Entry location: Main Level, Construction Materials: Stucco, WoodSiding
Community
Gated
Exterior Features
Patio/Porch Features: Deck, Tile
Fireplaces
Bath, DiningRoom, FamilyRoom, Gas, Outside
Foundation
Slab
Heating
Central
Income
Gross Income: $14,975, Net Operating Income: $125,790
Interior Features
RecessedLighting, Tandem
Lot
0.1447 acres, Dimensions: 45x140
Parking
4 open parking spaces, 12 total parking spaces, Assigned, Covered, Garage, Tandem
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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