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THE SOURCE OF THE DISPLAYED DATA IS EITHER THE PROPERTY OWNER OR PUBLIC RECORD PROVIDED BY NON-GOVERNMENTAL THIRD PARTIES. IT IS BELIEVED TO BE RELIABLE BUT NOT GUARANTEED. FOR COLORADO VIEWERS, INFORMATION ABOUT NON-COMMERCIAL PROPERTIES IS PROVIDED EXCLUSIVELY FOR YOUR PERSONAL, NON-COMMERCIAL USE.

575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON MAY 09 2025 AT 8:25 PM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

POWERED BY PURLIN.AI

los angeles, CA 90066

$3,050,000

  • 14 BR
    14 BA
    APPROX. 7,296 SF
  • sold

INTERESTED? LET'S CONNECT

PORTFOLIO SALE the offering is also being sold with 3739 Inglewood Blvd, 4238 Lindblade Dr, 12625 Mitchell Ave,12811 Matteson Ave & 12814 Pacific Ave- This desirable location is centrally located between Palms, Culver City and Venice. Situated in one of the trendiest neighborhoods in Los Angeles, the offering is within walking distance to an array of shopping, entertainment and dining options. This collection of uniquely and rarely traded assets is being offered for sale for the first time in over 5 decades. The Collection contains an excellent unit mix consisting of five studios , 48 1-bedroom & 15 2-bedroom units, which are very suitable for today's market. The Portfolio is priced attractively at only $250,000 per unit & a 13.7 Gross Rent Multiplier. The properties have all been kept mostly in original condition and have deferred maintenance. All properties require mandatory compliance for earthquake seismic retrofit. Buyers shall assume all responsibility and liability to ensure that compliance will be met with Los Angeles Department of Building and Safety, as the ownership is selling the assets in their "AS-IS WHERE IS" condition. This is a brilliant opportunity for a savvy investor to acquire an ultra-prime west side location with significant value-add potential. The Ownership will consider offers on the entire Collection as a whole portfolio or may elect to sell them individually. Currently 5 units will be delivered vacant at the close of escrow. All units are separately metered for gas & electric. There is ample parking available on site for each property and on-site laundry (washer/dryer) for each building.

Details

7,296 Sq Ft

0.2173 Private Acres Exterior Space

Investment

Built in 1970

MLS/Listing ID 23-254618

12 Units

Amenities & Features

Heating - Electric

Parking - Attached Carport

Listing Courtesy of KIDDER MATHEWS OF CALIFORNIA, INC., MICHAEL MONEMPOUR - 310-492-8402

CLAW

Source of Data: THE MLS

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