Address
12726 Caswell Avenue Los Angeles, CA
Price
$ 3,250,000
Property Attributes
  • MLS#20622050
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaPalms - Mar Vista
  • Zip90066
  • StyleTraditional
  • Price$ 3,250,000
  • Bedrooms9
  • Full Bathrooms9
  • Half Bathrooms0
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Barry Kinyon with Sotheby's International Realty.
Data Source:
CRMLS
Property Description

Dont miss this great opportunity for a prime nine unit apartment building with upside potential in the growing neighborhood of Mar Vista. Close to Venice Beach, Abbot Kinney and Main Street Santa Monica, with easy access to the 405 and 10 Freeways. Well maintained, and upgraded units! High Walk-Score neighborhood (85), and good access to transit. Remodeled units, with granite counters, newer cabinetry, hard surface flooring (some with Hardwood) and dishwashers in some units. Good unit mix of One, Two and Three bedroom units attract multiple renter types. Upgraded electrical and heating. Current GRM at 16.61, and CAP at 4.30% at actual income and actual expenses with adjustments for the new tax rate. Potential for 5.37% 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
MLS Area C13 - Palms - Mar Vista
Parking Features Driveway
Pool Features None
Property Type Residential Income
Spa Features None
Total Actual Rent 209486
Total Units 9
Zoning LAR3

Interior Features

Laundry Features Common Area

Exterior Features

Lot Size Acres 0.16
Lot Size Area 7114
Lot Size Square Feet 7114
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

Property vs Zip Code Average in 90066

Price
AVG $1.75M
$3.25M
Visits
AVG 38
294
Year Built
AVG 1970
1963
Walkscore
AVG 73
85
Data Provided by Walkscore ® not using MLS data

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