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Tracy Thrower Conyers

team@homesforsalebeachcities.com +1(424) 229-1634

$2,595,000

Est. payment - /mo

12 Beds

13 Baths

8,109 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,109 sqft

Price per Sqft $320

MLS Listing ID 26832909

Bedrooms 12

HOA Y/N No

Year Built 1962

Lot Size 8,258 Sqft

Property Description

Roque & Mark Co. is pleased to represent this well maintained 9-unit apartment building in the most desirable living area of Palms - north of Venice Blvd. and steps to restaurants, shopping, and downtown Culver City. This property can be purchased separately or with 3735 Mentone Ave. Excellent unit mix consisting of (1) 3 beds + 2 baths, (3) 2 beds + 2 baths, (4) 1 bed + 1 bath, and (1) bachelor unit. The property is fully occupied and currently offered at a 12.5 GRM and 4.96% CAP rate with actual rents. Every unit has its own balcony or patio. Plenty of parking with 8 individual spaces and 10 total if used as tandem. There is an alley. All soft-story retrofitting and balcony inspections have been completed. Large building footprint with 8,102 sf of living area on an 8,259 sf lot. For investors, this is an opportunity to acquire a solid, well-located multifamily asset with lasting appeal and upside potential in an area known for high enduring desirability. This is a quiet street despite its close proximity to shops, cafes, and restaurants. Subject to City of Los Angeles Rent Stabilization.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Dishwasher, Disposal

Laundry Common Area

Exterior

Parking Features Carport, Driveway

Carport Spaces 8

Roof Type Composition,Shingle

Total Parking Spaces 10

Building

Story 2

Entry Level One

Sewer Other

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4314009006

Special Listing Condition Standard

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Listed by David Schuchman Roque & Mark Company, Inc. #01472937

NEARBY SCHOOL & BUSINESS

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Tracy Thrower Conyers

+1(424) 229-1634

Broker Associate, JD | License ID: 01712960

Broker Associate, JD License ID: 01712960

3625 Mentone AVE Los Angeles, CA 90034

Tracy Thrower Conyers

Key Details

Location

Interior

Exterior

Building

Others