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… Read More 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! SEE DOCS FOR OM. Read Less
Courtesy of Coldwell Banker Realty 310-458-0091
Listing Snapshot
Days Online
53
Last Updated
Property Type
Other
Beds
9
Square Ft.
3,966
Lot Size
0.11 Acres
Year Built
1946
MLS Number
25509101
30 Days Snapshot Of 90066
$1.89M
-15%
(avg) sold price
21
-34%
homes sold
56
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range/Oven
Building
3,966 sq ft, Built in 1946, Levels: Two
Disclosures
As Is
Garage
Carport Attached, Driveway
Heating
Wall
Lot
LotAcreage: 0.1146, LotSizeArea: 4,994
Parking
TotalParking: 0
Property
NumberOfUnits: 5, Zoning: CCR4YY
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