For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,395,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,193 sqft
Price per Sqft $386
MLS Listing ID 24405999
Bedrooms 11
Year Built 1964
Lot Size 7,117 Sqft
Property Description
Classic mid-century 9-unit apartment building with strong rents and collection history. The building consists of seven -1bedroom 1bath & two -2bedroom 2bath apartments. Soft story retrofit work has been completed. Building offers laundry facilities and 9 parking spaces. Located in the Westside neighborhood of Mar Vista and situated within close proximity to the Silicon Beach tech hub, this area offers access to a vast pool of innovative companies and traditional employers as well as education institutions and government facilities. This creates strong demand for apartments to rent in the area on top of the already acute demand based on the existing housing supply imbalance. This location enjoys convenient access to Marina Del Rey, Playa Del Rey, Venice Beach and Santa Monica. It is close to other Westside communities like Westwood and UCLA, Culver City, Beverly Hills, and the general South Bay area of Los Angeles County. This is a legitimate target for investor capital seeking strong income as the pressure on occupancy expands based on the strong employment base in the area. Please contact the listing agent for more information. PLEASE do not disturb tenants or walk on the property.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplaces Type None
Laundry Laundry Room
Exterior
Parking Features None
Pool None
View Y/N No
View None
Roof Type Rolled/Hot Mop
Building
Story 2
Sewer Other
New Construction No
Others
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Juanita Tiu • Power Brokers
GET MORE INFORMATION
Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
- Homes For Sale in Oxnard, CA
- Homes For Sale in Camarillo, CA
- Homes For Sale in Ventura, CA
- Homes For Sale in Simi Valley, CA
- Homes For Sale in Thousand Oaks, CA
- Homes For Sale in Ojai, CA
- Homes For Sale in Santa Paula, CA
- Homes For Sale in Newbury Park, CA
- Homes For Sale in Moorpark, CA
- Homes For Sale in Fillmore, CA
- Homes For Sale in Oak View, CA
- Homes For Sale in Somis, CA
- Homes For Sale in Oak Park Heights, MN
- Homes For Sale in Port Hueneme Cbc Base, CA