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Key Details
Sold Price $2,240,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC25000322
Sold Date 04/03/25
Bedrooms 7
Lot Dimensions 50x140
Property Sub-Type Res Income 2-4 Units
Property Type Res Income 2-4 Units
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
Zoning Assessor
Direction North of Santa Monica Blvd; South of Wilshire Blvd; Between Ohio Ave and Rochester Ave; East side of the street
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4263020013
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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