17 Beds
12 Baths
7,593 SqFt
17 Beds
12 Baths
7,593 SqFt
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,593 sqft
Price per Sqft $526
MLS Listing ID SR26160145
Bedrooms 17
Full Baths 12
HOA Y/N No
Year Built 1944
Lot Size 8,842 Sqft
Property Sub-Type Mixed Use
Property Description
The property offers 12 gated on-site parking spaces, an outstanding parking ratio for the area. Many of the units have been tastefully updated with remodeled kitchens, upgraded bathrooms, and modern finishes. Two of the ground-floor units feature laminate flooring, while the remaining units are carpeted. Most units include a refrigerator, stove, microwave, dishwasher, and blinds. Most units also feature central air conditioning, with one original unit offering an opportunity for a future owner to modernize and add value. Select units also offer private outdoor space, including a patio or side yard.
Additional amenities include controlled gated entry, assigned gated parking, and an on-site community laundry facility. The property has been exceptionally maintained and includes a completed soft-story seismic retrofit, providing added value and peace of mind for future ownership. Most units are individually metered for gas and electricity, while two units share utility meters, with those utility costs paid by the owner.
Located moments from the vibrant Sawtelle district, one of Los Angeles' premier dining destinations known for its acclaimed Japanese restaurants, specialty shops, the property enjoys exceptional tenant appeal. Residents also benefit from convenient access to UCLA, Santa Monica, Brentwood, Century City, the beach, Metro transit, and the 10 and 405 Freeways, placing many of the Westside's top employers.
Strong in-place income with significant rental upside, this exceptional asset provides investors with an outstanding opportunity to increase cash flow while benefiting from long-term appreciation in one of Southern California's most sought-after multifamily markets.
Perfect for 1031 exchange, expanding an investment portfolio, or acquiring a premier West LA asset, this meticulously maintained property delivers the ideal combination of location, pride of ownership, stable income, huge rental upside, completed seismic retrofit, excellent parking, and lasting investment potential
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Rooms
Main Level Bedrooms 9
Interior
Interior Features All Bedrooms Up, All Bedrooms Down
Cooling Central Air
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 12.0
Carport Spaces 12
Garage Description 12.0
Pool None
Community Features Street Lights, Suburban, Sidewalks
View Y/N Yes
View Neighborhood
Porch See Remarks
Total Parking Spaces 24
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Mixed Use
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Cottage, English
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 4257002040
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Nearby Locations