Seize the opportunity to invest in this well-maintained, 5-unit apartment building located in a highly desirable area of Los Angeles. This property is ideally situated, offering a blend of urban convenience and residential charm. Some key features include: 1)Units: 5 well-maintained units, with one completely remodeled and currently vacant, ideal for immediate leasing. 2) Prime Location: Located near trendy coffee shops, unique markets, popular restaurants, and shopping centers. The nearby farmers market offers fresh, local goods, adding to the neighborhood's appeal. 3) Proximity to Culver City: Close to the tech hub of Culver City, home to digital media companies, marketing firms, and major studios, creating strong rental demand*Parks & Recreation: Easy access to nearby parks for outdoor activities and relaxation. 4) Exterior: Recently painted and well-maintained, giving the building a fresh, modern look. 5) Parking: Ample on-site parking for tenants, a rare find in this highly sought-after area. Investment Highlights: 1)Cash Flow: Currently generating strong rental income, with upside potential through rent increases and leasing the remodeled unit. 2) Appreciation: Located in an area poised for long-term appreciation, offering both immediate returns and future growth. 3) Upside Opportunity: With one remodeled unit vacant, investors can either occupy it or lease it for additional income. Perfect for investors seeking a property with a combination of stable cash flow and long-term growth. This is a rare find in a highly desirable neighborhood. Don't miss out on this incredible opportunity! SEE DOCS FOR OM.
MLS# | 25509101 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1946 |
Days On Site | 50 |
Listing Provided By | Coldwell Banker Realty 310-458-0091 | Tatiana Weiss |
Bed(s) | 9 |
---|---|
Bath(s) | 6 |
SQ Feet | 3,966 |
Car Port | Yes |
Story(s) | 2 |
Units | 5 |
Building(s) | 1 |
Zoning | CCR4YY |
Acreage | 0.11 |
State | CA |
---|---|
County | Los Angeles |
City | Los Angeles |
Zip Code | 90066 |
Area | C28 Culver City |
School District | Culver City Unified |
Listing VS Median (in 90066) | |
Price: $1,625,000 low | high Med: $1,635,000 SqFt: 3,966 low | high Med: 1,637 $ / SqFt: $410 low | high Med: $999 On site: 50 low | high Med: 8.000000 |