Multi-Family in Los Angeles, California
- AM-198184
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What you should know about this apartment
- 1963
- 12
- 12
- 571.45 m²
- 627.67 m²
Amenities and special features of this apartment
This 8 unit building has a great unit mix of four 2 beds and four 1 beds. The end units are 2 beds/2baths and on each floor there are two interior 1 bed units. ** Long term tenants - average is 5 years! ** At the moment there are 2 vacancies (#1 and #8 which are both 2 bed units) which is great! Rent will be top of the market! ** Ample parking: 7 tandem tuck-under slots that each hold 2 cars, plus an open spot, for a total of 15 onsite parking spots. ** Been in the same family for 2 decades and greatly cared for. Extremely well maintained. Most units have air conditioning. Really nice curb appeal with mature landscaping. ** On site common laundry room with seller-owned washer and dryer. Individually metered for gas and electric. ** Located in a high demand rental area, close to UCLA & neighboring communities of Westwood, Century City & Beverly Hills. Easily accessible to 405 Freeway, public transportation, shopping and entertainment. ** Drive By Only. DO NOT DISTURB TENANTS. A related owner owns 1910 Malcolm which is the identical building on the right side. They share a driveway and the front car gate. No intent to sell 1910 at this time. ** Gated parking for security. ** Seller will consider offers that are contingent on the closing of another property. Seller will coop with buyer's 1031. ** Once both vacant units are rented the Proforma cap rate will be 4.25%; the Proforma GRM will be 14.2.
- Engel & Völkers LA South Bay
- Licence partner of Licence partner of EV Real Estate Inc
- Nick Peters
- 1147 Highland Ave
- 90266 Manhattan Beach
- Phone: 310 543 9999
- www.engelvoelkers.com/en/
Energy Information
- 1963