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Diego Magdaleno

1Vision Real Estate

diego@1visionproperties.com +1(714) 376-8652

$2,599,000

Est. payment - /mo

7,000 Sqft Lot

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UPDATED:

02/03/2025 11:08 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID OC25000322

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1958

Lot Size 7,000 Sqft

Lot Dimensions Assessor

Property Sub-Type Apartment

Property Description

Rare opportunity to own a wonderfully located West Los Angeles 7-unit apartment building. This 7-unit, 5,855 square-foot multifamily building is fully occupied and consists of three 1BR+1BA units and four 2BR+2BA units. (One 2-bedroom unit will be delivered without tenants.) Six of the units have either a large balcony or patio space, and each unit has its own tandem parking space and additional storage space. This multifamily property has been a family-held, well-maintained asset for many decades, and it is ready to be handed to a new owner to enjoy the significant upside of the below-market rents. The building sits on a 7,000 sqft lot, is gated, and has onsite laundry facilities.

Only a short drive from the Santa Monica coast, less than 2 miles from UCLA, and adjacent to the upscale neighborhood of Brentwood in West Los Angeles. The prime location is within walking distance of trendy local restaurants, bars, dessert shops, grocers, craft stores, and various other specialty shops.

Location

State CA

County Los Angeles

Area Wla - West Los Angeles

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Laundry Common Area

Exterior

Parking Features Attached Carport, Covered, Tandem, Uncovered

Carport Spaces 3

Pool None

Community Features Sidewalks, Urban

Accessibility None

Total Parking Spaces 14

Private Pool No

Building

Lot Description Level

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4263020013

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard, Trust

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Listed by Glen Henderson • LPT Realty, Inc • 619-889-7646

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1440 S Barrington AVE Los Angeles, CA 90025