This charming income property can be described simply as very good real estate. ONE UNIT IS AVAIABLE FOR AN OWNER / USER. Built in 1936 and loaded with old world charm, this character triplex is located in one of the best rental markets not only in Los Angeles but in… Read More all of Southern California. Buildings like this are rarely available for sale making this a real opportunity to acquire in a neighborhood with a high barrier to entrance. Please don't let this opportunity pass you by. As an owner/user, this property makes sense as compared to SFR pricing in the immediate neighborhood. This triplex contains one - 1-bedroom+1-bath above the garage and two - 2-bedoom+1.25 bath (townhouse style) units. The townhouse units each have multiple entrances, a California basement, individual private patio and their own separate laundry area. Located in an area with a very diverse employment base with thousands of jobs in technology, entertainment, law, education, finance, public sector and government. The area is incredibly walkable with access to shops, boutiques and restaurants along Westwood/Santa Monica & Wilshire Boulevards. It is within close proximity to major freeways (the 10 & the 405) and is minutes by car to Beverly Hills and Westwood office buildings, UCLA, Brentwood, Santa Monica and Century City. It is also close to operational subway stations planed for Century City and along Wilshire Boulevard. Long term owner selling As-Is and intends to enter into a 1031 tax deferred exchange. Please do not walk on property or disturb tenants. Read Less
Courtesy of James F. Gilb 310-592-7067
Listing Snapshot
Days Online
86
Last Updated
Property Type
Other
Beds
5
Square Ft.
3,062
Lot Size
0.12 Acres
Year Built
1936
MLS Number
25604375
30 Days Snapshot Of 90024
$2.95M
+39%
(avg) sold price
12
-7%
homes sold
90
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Free Standing Gas, Garbage Disposal
Building
3,062 sq ft, Built in 1936, Levels: Two, Attached, Monterey Colonial
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