$1,675,000
$1,599,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
7 Baths
4,060 SqFt
SOLD DATE : 06/15/2022
Key Details
Sold Price $1,675,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,060 sqft
Price per Sqft $412
MLS Listing ID 22118345
Sold Date 06/15/22
Bedrooms 8
HOA Y/N No
Year Built 1966
Lot Size 4,991 Sqft
Property Description
Incredible OWNER USER or TIC Conversion opportunity with this traditional four-unit property nestled in the heart of West Los Angeles between the endless shops and restaurants of booming Culver City and the freeways toward downtown or the ocean. Two units offer three-bedrooms while one unit offers two-bedrooms, and another unit offers a studio floor plan. Three of the units are currently rented, but one of the three-bedroom units will be delivered vacant perfect for an owner occupied opportunity. The center courtyard adds a great outdoor space, and each unit has a covered carport space. A shared laundry room is available with some minor servicing. Boasting a high rental demand and 25% upside in rents, this property is ripe for the ambitious buyer who is ready to transform it into the wise investment it is meant to be and includes the potential for TIC conversion as well as attractive Residential or Owner Occupied Financing. A more inviting canvas in a better location could not be found.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Type Living Room
Fireplace Yes
Laundry Laundry Room
Exterior
Parking Features Carport
Carport Spaces 4
Pool None
View Y/N No
View None
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Other
Architectural Style Mid-Century Modern
New Construction No
Others
Senior Community No
Tax ID 4252025039
Financing Cash
Special Listing Condition Standard
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Bought with Cary Matthew Goldstone House Network
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