Address
2619 Brighton Avenue Los Angeles, CA
Price
$ 8,100,000
Property Attributes
  • MLS#SB21096418
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90018
  • Style
  • Price$ 8,100,000
  • Bedrooms55
  • Full Bathrooms36
  • Half Bathrooms0
  • Lot Size0.63 Acres
Listing Provided Courtesy Of:
Josh Cohen with Keller Williams Beach Cities.
Data Source:
CRMLS
Property Description

We are pleased to present our latest listing, 2619-2631 Brighton Avenue. This 36 unit property is the perfect investment opportunity for today’s astute multifamily investor. This investment features three contiguous properties with upside potential of 45% +/-! Roughly one quarter of the units have been turned by current ownership, leaving ample room for a value-add opportunity for the next owner. All soft-story retrofit requirements have already been taken care of by the owner, and the buildings have all been freshly painted! The property is situated on a large 27,496 square foot lot (combined), and is comprised of an attractive unit mix of about half One bedroom units and half Two bedroom units. Units are all individually metered for gas and electricity, and the property also features onsite laundry and ample parking for tenant convenience. The grounds provide a quiet, pleasant courtyard for tenant's enjoyment. The area is immersed with terrific amenities, shops, dining, and more - all within walking distance! The University of Southern California, Culver City and downtown are all in very close proximity to this investment offering, which allows the next owner to tap into several strong tenant and employment bases.

Price History
5/6/2021 Listed $8,100,000

General Features

Additional Parcels Y/N Yes
Community Features Urban
Levels Two
Listing Agent Josh Cohen - BRE#01346713
Listing Agent State License 01346713
MLS Area 699 - Not Defined
Pool Features None
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Stories 2
Terms Cash, Cash to New Loan, 1031 Exchange
Total Units 36

Interior Features

Common Walls No Common Walls
Laundry Features Common Area

Exterior Features

Lot Features Near Public Transit, Street Level
Lot Size Acres 0.63
Lot Size Area 27496
Lot Size Square Feet 27496
Lot Size Units Square Feet
Number of Buildings 3
Number of Separate Electric Meters 39
Number of Separate Gas Meters 39
Number of Separate Water Meters 3
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90018

Price
AVG $1.05M
$8.1M
Visits
AVG 74
12
Year Built
AVG 1939
1957
Walkscore
AVG 75
76
Data Provided by Walkscore ® not using MLS data

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