$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
Sub 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 24-389685
Sold Date 10/07/24
Style Contemporary
Bedrooms 12
Year Built 1964
Lot Size 6,831 Sqft
Acres 0.1568
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 Beverlywood Vicinity
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Fireplaces Type Decorative
Equipment Range/Oven
Laundry Community
Exterior
Garage Carport Attached
Garage Spaces 8.0
Waterfront Description None
View Y/N No
View None
Building
Story 2
Sewer In Street
Architectural Style Contemporary
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with West Shores Realty, Inc.
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