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$3,850,000
Est. payment /mo
12,556 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 12,556 sqft
Price per Sqft $306
MLS Listing ID CL25569991
HOA Y/N No
Year Built 1985
Lot Size 9,829 Sqft
Acres 0.23
Property Sub-Type Other
Property Description
An exceptional investment opportunity featuring a well-maintained 12-unit apartment building, with 8 recently remodeled units offering modern finishes and strong rental appeal. Located just minutes from vibrant downtown Culver City, this asset is perfectly positioned in a high-demand rental market. It has significant upside potential and is not subject to LA City rent control. The building has large, spacious apartments and a diverse mix of 1 and 2 bedrooms, including three unique units with extra lofts. Additionally, the property features 23 gated parking spaces in a semi-subterranean garage and an on-site laundry room. Drive by only. DO NOT DISTURB TENANTS. Inside with accepted offer. *Unit 103 is currently vacant. Rent is based on recently rented Unit 104 with the same floor plan. **Square footage and other information concerning the conditions or features of the property are deemed reliable but not guaranteed and must be verified by buyer.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Electric
Fireplace No
Building
New Construction No
Others
Tax ID 4252007027
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Listed by Andrew Halff • Centennial Real Estate
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