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$1,300,000
Est. payment /mo
8 Beds
3,136 SqFt
UPDATED:
11/12/2024 11:08 PM
Key Details
Property Type Other Types
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 3,136 sqft
Price per Sqft $414
MLS Listing ID CL24423015
Bedrooms 8
HOA Y/N No
Year Built 1956
Lot Size 6,900 Sqft
Acres 0.16
Property Description
Value-add fourplex in the extremely coveted neighborhood of Del Rey. 1 unit is being held vacant so that the new owners can remodel and choose their own tenant. The property may have a Culver City address, but it is definitely in the City of LA and is subject to LA Rent Stabilization Ordinance. All four units feature 2 bedroom + 1 bathroom units that average 784 SF each. A blooming jacaranda tree frames the front of the building, providing tenants an extra pleasant view in June and July. Parking is available in the rear via the alley and can accommodate 10 cars. There may be potential to build ADUs in the rear, Buyer should investigate if interested. There is also a laundry room for convenience, serviced by WASH. In the downstairs apartments, 1 of the 2 bedrooms has a back door to a patio area, which gives them a private patio and added bonus outdoor space. There has been a ton of new construction and investment into the immediate area, with new apartment buildings with murals, coffee shops, restaurants and more. There are multiple new construction buildings on the east side of the street that are new within a few blocks. The homes in the area are also in high demand, as the property is located near Silicon Beach, Mar Vista, Marina del Rey, Culver City, Playa Vista, and Loyola Ma
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Flooring Tile, Carpet
Fireplace No
Laundry Community Facility, Laundry Room
Exterior
Utilities Available Other Water/Sewer
View Y/N false
View None
Total Parking Spaces 10
Building
New Construction No
Others
Tax ID 4218017031
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Listed by Dana Coronado • Compass