Prime 9-Unit Investment Opportunity in the Heart of Palms. Situated in a highly desirable multi-family location near Culver City, the Metro light-rail line, and Sony Studios, this nine-unit building offers an excellent investment opportunity. Built in 1957, the 7,700+ sq. ft. two-story property was seismically retrofitted in 2018. The building… Read More features a diverse unit mix: Three 1-bed/1-bath units, Two 2-bed/1-bath units, Four 2-bed/2-bath units. Units boast spacious layouts, wall heaters, and select window AC units. The property also includes copper plumbing and 14 parking spaces, ensuring ample tenant parking. Each unit is separately metered for gas and electricity. This is a trust sale, but court confirmation is not required. Read Less
Property listed by Cavanaugh Realtors, Daniel John Cavanaugh 310-837-7161
Listing Snapshot
Days Online
52
Last Updated
Property Type
Other
Beds
15
Square Ft.
7,782
Lot Size
0.17 Acres
Year Built
1957
MLS Number
25503151
30 Days Snapshot Of 90034
$1,680k
-16%
(avg) sold price
11
-31%
homes sold
66
-31%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1957, Building area total: 7,782, Levels: Two, Living area: 7782, 2 stories, 1 building
Heating
WallFurnace
Income
Gross income: $160,952, Net operating income: $85,837
Lot
0.1722 acres, 7,503 square feet, Size: 7,503
Parking
14 totals parking, Carport
Property
Zoning: LAR3
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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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