$2,478,400
$2,595,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
12 Baths
6,734 SqFt
SOLD DATE : 10/07/2024
Key Details
Sold Price $2,478,400
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,734 sqft
Price per Sqft $368
Subdivision Cheviot Hills Subdivision
MLS Listing ID 24389685
Sold Date 10/07/24
Bedrooms 12
HOA Y/N No
Year Built 1964
Lot Size 6,830 Sqft
Property Description
Prime Investment Opportunity with lots of Potential for Growth. Cap: 4.67, Gross 14X. Lot 6,850 SF, Living Area 6,734 SF. Excellent unit mix of 2 (2+2) 4 (1+1) 2 (2+1.5). Large spacious units, (4) with Balconies, all with fireplaces, which are decorative. Located only minutes to Metro Station, easy access to freeways, UCLA, Downtown Culver City, and Santa Monica Beach. The building also has plenty of rental upside, presenting an opportunity to capture additional income for the next investor. With this prime West Los Angeles locations and the potential for rent increase, the building presents an outstanding opportunity for investors looking to expand their real estate investment portfolio in West Los Angeles. Must assume current loan, $1,444,000 IS ASSUMABLE for 1% + $2,000. This building is a fantastic candidate for assumption since there is about 4.5 years remaining on the 3.47% rate. SEISMIC WORK COMPLETED. Call for more details. Trust Sale, No Court Confirmation Required. Please look under "DOCS" for more information.
Location
State CA
County Los Angeles
Area C09 - Beverlywood Vicinity
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type Decorative
Fireplace Yes
Appliance Gas Cooktop
Laundry Common Area
Exterior
Garage Attached Carport
View Y/N No
View None
Parking Type Attached Carport
Attached Garage Yes
Total Parking Spaces 8
Building
Faces South
Story 2
Entry Level Two
Sewer Other
Architectural Style Contemporary
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4311027017
Special Listing Condition Standard
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Bought with Gary Huang • West Shores Realty, Inc.
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