One unit delivered VACANT - 3651 McLaughlin Ave presents a rare opportunity to acquire a ten-unit multifamily property in the highly desirable West Los Angeles submarket of Mar Vista, adjacent to Venice and Culver City. Situated in one of the most sought-after rental markets, the property benefits from its proximity… Read More to a diverse array of shopping, dining, and entertainment options. Positioned on a 7,388 SF lot, the building offers 7,414 SF of rentable space, consisting of five (5) two-bedroom, one-and-a-half-bath units and five (5) one-bedroom, one-bath units. This rarely traded asset provides investors with significant value-add potential, featuring over 25% rental upside and ADU development opportunities in the existing tuck-under parking. This offering represents a compelling investment for a savvy investor seeking to capitalize on the strong demand and future growth of one of Los Angeles' premier rental markets. Read Less
Courtesy of Kidder Mathews of California, Inc. 310-312-2800
Listing Snapshot
Days Online
32
Last Updated
Property Type
Other
Beds
15
Square Ft.
7,414
Lot Size
0.17 Acres
Year Built
1961
MLS Number
25522613
30 Days Snapshot Of 90066
$1.82M
-18%
(avg) sold price
20
-33%
homes sold
56
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dryer
Building
7,414 sq ft, Built in 1961, Levels: Multi/Split, Two
Cooling
Air Conditioning
Disclosures
None
Garage
Uncovered, Driveway
Heating
Natural Gas
Lot
LotAcreage: 0.1697, LotSizeArea: 7,390
Parking
TotalParking: 10
Property
NumberOfUnits: 10, Zoning: LAR3
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