Golf Course
Address
10720 Woodbine Street Los Angeles, CA
Price
$ 2,350,000
Property Attributes
  • MLS#SB21096857
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaPalms - Mar Vista
  • Zip90034
  • Style
  • Price$ 2,350,000
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3952
  • Lot Size5,057 SqFt
Listing Provided Courtesy Of:
Cameron Samimi with Lyon Stahl Investment Real Estate, Inc. - 310-259-7556
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

10720 Woodbine St is a beautiful 1982 Construction 4-Unit, located in the Palm submarket of Los Angeles. This property will be delivered completely tenant-ready! New buyers can take advantage of this NON-RENT CONTROLLED asset offering a great return once units are rented out for market. This "A" location property, with great curb appeal, would be a perfect investment for any owner/user looking to live in a unit, and use the other's rent to pay their mortgage! Great opportunity to add value by building 3 ADU's. New buyer is able to turn this property into a 7 unit by turning the top floor penthouse into a 2-Bed/1-Bath & 1- Bed/1-Bath, converting the garage into a 1-Bed/1-Bath & adding a 2-Bed/1-Bath above the potential carport. With new units, buyer has the opportunity to add value and increase scheduled gross income by $57,600/year. 10720 Woodbine St currently has a strong mix of (1) 4-Bd/3-Ba Penthouse, (2) 2- Bd/1-Ba, & (1) 1-Bd/1-Ba units. All of the units have been completely remodeled. These spacious units feature top-of-the-line appliances, new hardwood flooring, granite countertops, new paint, as well as Dishwashers and A/C. There is copper plumbing throughout the building. Built in the 80's, there is plenty of parking for each tenant to go along with the additional street parking. Only minutes away from Millions of $ in development, this renovated property is an ideal pickup for any exchange buyer or investor looking to own in one of Los Angeles's top rental markets.

Price History
5/6/2021 Listed $2,600,000
8/24/2021 6% - $2,450,000
9/24/2021 5% - $2,350,000

General Features

Community Features Biking, Curbs, Dog Park, Golf, Hiking
Garage Spaces 2
Garage Y/N Yes
Listing Agent Cameron Samimi - BRE#02035763
Listing Agent State License 02035763
Lot Size Square Feet 5057
MLS Area C13 - Palms - Mar Vista
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Pending
Terms Conventional
Total Units 4
Zoning LAR3

Interior Features

Common Walls 2+ Common Walls
Laundry Features Common Area

Exterior Features

Lot Features 0-1 Unit/Acre
Lot Size Acres 0.12
Lot Size Area 5057
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Total Parking 2
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 90034

Price
AVG $1.66M
$2.35M
Visits
AVG 18
92
Year Built
AVG 1958
1982
Walkscore
AVG 78
89
Data Provided by Walkscore ® not using MLS data

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