$3,295,000
LAR4 Zoning! Clean, professionally managed 16 unit building. Property is located in a prime location in Los Angeles, on the border of Los Angeles and Culver City. Great development potential with LAR4 zoning (Buyer to verify). Composed of (4) Bachelors, (6) Studios and (6) One Bedrooms. Property will be delivered with 3 vacancies at the end of May. Fully rented, $25,412 per month. All soft story seismic retrofit has been completed by owners. Exterior of the building just repainted. All new drains in garage as well as new sewer line. The location and rental upside make this an opportunity to own a generational asset in one of LA's best neighborhoods. Showing upon accepted offer.
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Listed by Sari Gassner with Coral Tree Real Estate Service (310) 312-4840
Property Type
Residential Income
Status
Active
MLS Number
26752401
Year Built
1957
Lot Size
7,658 sq ft