




Property Attributes
- MLS#20621894
- TypePending
- CountyLOS ANGELES
- CityLos Angeles
- AreaPalms - Mar Vista
- Zip90034
- StyleTraditional
- Price$ 3,250,000
- Bedrooms9
- Full Bathrooms9
- Half Bathrooms0
- Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Barry Kinyon with Sotheby's International Realty.
Data Source:
CRMLS
Property Description
Dont miss out on this great opportunity for a prime nine unit apartment building in a highly desirable area of the Palms neighborhood of Los Angeles, with upside in rents! Well maintained, pride of ownership building with many upgraded units; some with hardwood floors, Caesar stone and/or granite countertops, and much more! High Walk-Score neighborhood (88), and good access to transit (4 blocks from the Metro E Line Palms Station and easy access to the 10 and 405 freeway on ramps. Current GRM at 16.5, and CAP at 4.18% at actual income and actual expenses with adjustments for the new tax rate. Potential for 5.02% CAP with units at market rent.
Price History | |
---|---|
8/24/2020 | Listed $3,500,000 |
12/16/2020 | 6% - $3,300,000 |
1/29/2021 | 2% - $3,250,000 |
General Features
Architectural Style | Traditional |
---|---|
Cooling | None |
Heating | None |
MLS Area | C13 - Palms - Mar Vista |
Parking Features | Driveway |
Pool Features | None |
Property Type | Residential Income |
PropertyCondition | Updated/Remodeled |
Sewer | Other |
Spa Features | None |
Total Actual Rent | 209486 |
Total Units | 9 |
View | None |
Zoning | LAR3 |
Interior Features
Fireplace Features | None |
---|
Exterior Features
Lot Dimensions | 50x150 |
---|---|
Lot Size Acres | 0.17 |
Lot Size Area | 7500 |
Lot Size Square Feet | 7500 |
Lot Size Units | Square Feet |
Number of Buildings | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool