Discover a prime investment opportunity in the vibrant Mar Vista neighborhood with this meticulously maintained 6-unit apartment building. Each unit features a thoughtfully designed 2-bedroom, 1-bathroom layout. Two of the units are currently vacant, presenting an immediate opportunity for rental income or upgrades to maximize value, or for… Read More owner occupancy. Take advantage of the excellent space to add one or two accessory dwelling units (ADUs) over the garage. Located in one of Los Angeles' most desirable areas, this property offers the perfect blend of convenience and community. Just minutes from the bustling Silicon Beach tech hubs of Playa Vista and Culver City, it's also close to trendy shops, diverse eateries, and the vibrant Mar Vista Farmers Market on Sundays along Venice Blvd. Residents will appreciate the easy access to coffee shops, Whole Foods just up Barrington, and a variety of local shops, banks, and restaurants, creating a true sense of community in Mar Vista. For outdoor enthusiasts, the property is near parks, bike paths, and the sandy shores of Venice Beach and Marina del Rey. With easy access to the 405 and 10 freeways, this location ensures seamless connectivity throughout Los Angeles. Whether you're looking to diversify your portfolio or capitalize on the growth of Mar Vista, this property offers exceptional income potential and long-term value. Don't miss the chance to own this gem in one of LA's most dynamic and thriving neighborhoods. Read Less
Property listed by KW Advisors, Richard Schulman 310-482-2200
Listing Snapshot
Days Online
32
Last Updated
Property Type
Other
Beds
12
Square Ft.
5,620
Lot Size
0.17 Acres
Year Built
1953
MLS Number
24469637
30 Days Snapshot Of 90066
$1,375k
-42%
(avg) sold price
1
-96%
home sold
111
+32%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1953, Building area total: 5,620, Levels: MultiSplit, Living area: 5620, 1 building
Community
Gated
Income
Gross income: $172,800, Net operating income: $126,012
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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