$1,200,000
$1,199,999
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5 Beds
4 Baths
2,736 SqFt
SOLD DATE : 07/18/2023
Key Details
Sold Price $1,200,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,736 sqft
Price per Sqft $438
MLS Listing ID 23257815
Sold Date 07/18/23
Bedrooms 5
HOA Y/N No
Year Built 1947
Lot Size 6,002 Sqft
Property Description
We are pleased to present this four-plex with incredible upside. The property has a unit mix of three (1br/1ba) and one (2br/1ba) which has its own fenced private garden + each unit has its own garage for your car or extra storage. Centrally located near Venice Blvd and La Cienega Blvd which offers easy access to the 10 freeway, entertainment, shopping, work, and Arts districts, making it an ideal spot for residents to live, work and play.The neighborhood is rapidly becoming one of the hottest rental markets in Los Angeles, attracting high-quality tenants due to the influx of entertainment, tech, and creative jobs. The property is surrounded by numerous local attractions, including Historic Culver City, Helms Bakery, Adams district for art shows and cultural events, Amazon Studios headquarters, Ivy Station, HBO headquarters, and the Cumulus development are all in close proximity.The location has excellent potential for growth and development, as the Lot is zoned LARD 1.5 allowing for development and expansion in the future. Overall, this four-plex is an exceptional investment opportunity for owner-users, 1031 exchange, investors, and developers who are looking to capitalize on the Los Angeles rental market.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling None
Flooring Tile, Wood
Fireplaces Type Bath
Fireplace Yes
Laundry In Kitchen
Exterior
Garage Spaces 4.0
Garage Description 4.0
Community Features Gated
View Y/N No
View None
Total Parking Spaces 4
Building
Lot Description Rectangular Lot
Faces East
Story 1
Sewer Other
New Construction No
Others
Senior Community No
Tax ID 5065006016
Security Features Gated Community
Acceptable Financing Contract
Listing Terms Contract
Financing Conventional,Trust Conveyance
Special Listing Condition Standard
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Bought with David Hanasab David Hanasab
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "