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$ 1,995,000
Est. payment | /mo
4,267 SqFt
$ 1,995,000
Est. payment | /mo
4,267 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 4,267 sqft
Price per Sqft $467
MLS Listing ID CL26872213
HOA Y/N No
Year Built 1954
Lot Size 8,277 Sqft
Acres 0.19
Property Sub-Type Other
Property Description
EXCEPTIONALLY PRICED TO SELL QUICKLY! PRIME WEST LOS ANGELES 6-UNIT INVESTMENT OPPORTUNITY! Exceptional chance to acquire a well-located 6-unit multifamily property in one of West Los Angeles' most sought-after rental markets. This compelling investment offers buyers the ability to acquire a multifamily asset in a premier Westside location with strong rental fundamentals and significant long-term upside.The property features an attractive unit mix of two spacious 2-bedroom units and four 1-bedroom units, appealing to a broad tenant base in an area known for consistently strong rental demand. Five units are currently on month-to-month, with one 2-bedroom unit to be delivered vacant, providing a new owner with valuable flexibility and immediate value-add potential. Whether the strategy is to improve operations, renovate units as they become available, reposition the property, or hold for long-term appreciation, this asset offers multiple avenues to enhance value and increase future income. The property also includes 6 covered parking garage delivered vacant and 5 uncovered parking spaces, an increasingly desirable amenity in this high-demand West Los Angeles location. Ideally situated just minutes from Westfield Mall, Century City, UCLA, Santa Monica, Brentwood, Beverly Hills, and major Westside employment centers, the property offers exceptional access to shopping, dining, entertainment, transportation, and major freeways. Its central location continues to support strong tenant demand and long-term occupancy. With its prime West Los Angeles location, desirable unit mix, month-to-month tenancy, one 2-bedroom unit delivered vacant, six private covered garages delivered vacant, strong rental fundamentals, and value-add potential, this property provides investors with an excellent opportunity to generate current income while positioning the asset for future growth and long-term appreciation. Investments like this don't come along often and this one won't last. Act now and secure this compelling Westside asset before it's gone. Buyer to agrees to cooperate with seller's 1031 exchange at no cost to buyer.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating None
Cooling None
Flooring Tile, Carpet, Wood
Fireplace No
Laundry Common Area, Laundry Room
Building
Water Other
New Construction No
Others
Tax ID 4323013020
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Listed by Taylor Lill • LPT Realty, Inc
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