Rare opportunity to own a wonderfully located West Los Angeles 7-unit apartment building. This 7-unit, 5,855 square-foot multifamily building is fully occupied and consists of three 1BR+1BA units and four 2BR+2BA units. Six of the units have either a large balcony or patio space, and each unit has its own… Read More tandem parking space and additional storage space. This multifamily property has been a family-held, well-maintained asset for many decades, and it is ready to be handed to a new owner to enjoy the significant upside of the below-market rents. The building sits on a 7,000 sqft lot, is gated, and has onsite laundry facilities. Only a short drive from the Santa Monica coast, less than 2 miles from UCLA, and adjacent to the upscale neighborhood of Brentwood in West Los Angeles. The prime location is within walking distance of trendy local restaurants, bars, dessert shops, grocers, craft stores, and various other specialty shops. Read Less
Property listed by LPT Realty, Inc, Glen Henderson 619-889-7646
Listing Snapshot
Days Online
221
Last Updated
Property Type
Apartment
Lot Size
0.16 Acres
Year Built
1958
MLS Number
OC24099789
30 Days Snapshot Of 90025
$1,374k
0%
(avg) sold price
5
-80%
homes sold
96
+17%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1958, Building area total: 5,855, Levels: Two, 2 stories, 1 building, Common walls: NoCommonWalls
Community
Sidewalks, Urban
Cooling
None, WallWindowUnits
Accessibility Features
Accessibility features: None
Expenses
Operating expense: $47,880
Fireplaces
None
Heating
WallFurnace
Income
Gross income: $164,341, Net operating income: $116,461
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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