Sold For$4,100,000
Price/SqFt$416.58
StatusClosed
Sold Date3/21/2023
Min Sq Ft
9,842
Min Acres
0.193
CountyLos Angeles
Year Built1968
Property TypeResidential Income
Listing Agent
Scott Pinkerton
Title:
DRE #01338387
Cell Phone:
818.621.7732
The subject property is improved at 9,842 square feet of gross building area on a .19-acre
lot. The improvements include 11 units and is currently 90% occupied. The subject property has been maintained in good
condition which includes a totally remodeled unit (Unit #6) which includes new paint, bamboo hardwood flooring, new
washer/dryer, new kitchen appliances and two remodeled bathrooms. Per the property manager, the subject property
has also been improved with new plumbing and electrical systems along with a newer roof. The subject property has 14
on-site parking spaces. Each 2-bedroom unit has 2 tandem parking spots, and each 1-bedroom unit has 1 parking spot.
Each unit in the subject property has a patio/balcony amenity and there is an on-site coin laundry room available for
tenants. Some of the additional features include, Rare multifamily opportunity just south of Brentwood. Professionally managed with massive upside in rents for the new Buyer
Recent renovations.
Low price per unit.
Ample parking.
First time on market since 2002.